During a congress in Florence, Elon Musk advocated for unrestricted trade between the US and Europe, following President Trump’s 20% tariff announcement on Italy. He emphasized the need for a zero tariff environment to facilitate labor movement.
As trade wars escalate, Bitcoin emerges as a refuge for investors. Analyst Eric Weiss predicts a pivotal shift as Bitcoin may soon decouple from traditional equities, highlighted by its unique resilience against market volatility.
Michael Saylor reinforced Weiss’s views, asserting Bitcoin behaves like a risk asset short term yet is fundamentally unique. Both experts laud Bitcoin’s immunity to tariffs, making it an appealing choice in tumultuous economic conditions.
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