Customs Tax Debates Are on the Agenda Again: Grayscale Explained How They Will Affect Bitcoin in the Future!

Grayscale Research suggested that ongoing inflationary pressures and rising global trade tensions could support scarce commodities like Bitcoin (BTC) and gold. The firm draws parallels with gold's performance during the stagflation period in the 1970s, arguing that Bitcoin is now positioned as a modern alternative store of value due to its evolving market structure and policy support in the US.

Following the White House's announcement of new reciprocal tariffs, Grayscale believes that these developments could accelerate the adoption of Bitcoin in the medium term, despite the recent drop in Bitcoin's price.

In its latest research summary, Grayscale stated, "High tariffs generally contribute to stagflation, which typically reduces returns on traditional assets, but benefits rare commodities like gold and now potentially Bitcoin," and added, "Although Bitcoin was not present during previous periods of stagflation, it is increasingly seen as a rare digital commodity."

The company also stated that trade-related disruptions could weaken global demand for the US Dollar, potentially creating more room for alternative assets like other fiat currencies, gold, and Bitcoin. The report notes, "As the dominance of the reserve currency becomes more challenging, Bitcoin may see increased demand from investors looking for alternatives to dollar-denominated assets."

While acknowledging near-term uncertainty, Grayscale urged long-term investors to prepare for a period of longer-term above-target inflation and a weakening dollar. "Periods of significant friction in U.S. trade have historically resulted in structural weakness of the dollar, and this trend could again benefit sound assets."