The Impact of the US-China Trade War on the Crypto Market

[Suba]

According to a tweet by Arthur Hayes, Co-Founder of BitMEX on the account X. @CryptoHayes. Hayes believes that it is not because of the very high US import tariffs, but the actions of the Chinese central bank (PBOC) which will devalue the Yuan currency, so some money will flow into Bitcoin and altcoins. Similar incidents have occurred in 2013, 2015 and may also occur in 2025. Bybit Co-Founder, Ben Zhou, also has a similar opinion that China will devalue the Yuan as a countermeasure to US import tariffs.

 

[kit_hung]

Arthur Hayes, co-founder of BitMEX, has commented on his X account (@CryptoHayes) explaining that it is not the high tariffs on US imports that could cause a financial crisis, but rather the expected steps taken by the People’s Bank of China (PBOC) to devalue the Yuan. Hayes believes that this situation will lead to a capital flow into Bitcoin and altcoins, as happened in 2013 and 2015, and sees a similar situation as possible in 2025.

Ben Zhou, co-founder of Bybit, has a similar view. He says that devaluing the Yuan could be China’s way of responding to US tariff restrictions. Both believe that such a move could spur a significant increase in investment in digital currencies, especially Bitcoin, as a way to protect capital values against a depreciation of the national currency.

This shows how global politics and national monetary policies can have a significant impact on crypto markets. As history shows, changes in the value of the Yuan have been a catalyst for Bitcoin price increases in the past, and investors are closely monitoring any signs of such a change again this year.