A recent study has revealed that 68% of Americans invested in Bitcoin (BTC) after President Donald Trump’s announcement of reciprocal tariffs, outpacing gold buyers by nearly 24%. The survey, which involved 1,290 participants, showed that 71.60% of respondents allocated more funds to Bitcoin than gold following the tariff decision.
These findings underscore Bitcoin’s growing reputation as a safe-haven asset. Although Bitcoin initially dropped alongside traditional markets after the tariff announcement, it has sparked significant investor interest. The cryptocurrency’s value fell to just over $75,000 on April 7, mirroring global financial market trends.
Read more: Bitcoin Drops Over 5%, Hitting Lowest Level Since November 11
In contrast, gold saw a surge of more than 30% in the first quarter of 2025, reinforcing its traditional safe-haven status. Despite this, the tariffs seem to have attracted new investors, with 26.23% of respondents purchasing Bitcoin for the first time due to the trade policies. Moreover, 75.62% of participants view Bitcoin as a reliable safe haven, signaling rising confidence in the cryptocurrency.
The Trump administration’s proposed Bitcoin Reserve could further influence market behavior, with 81.48% of respondents expressing their intention to increase Bitcoin holdings if the bill passes. Additionally, about 75% of participants believe that government policies and political decisions will significantly affect Bitcoin’s price, emphasizing the administration’s influence on cryptocurrency trends.
