A new study has revealed that 68% of Americans bought Bitcoin following President Donald Trump’s announcement of reciprocal tariffs, surpassing gold buyers by nearly 24%. The survey of 1,290 participants showed that over 71% allocated more funds to BTC than gold after the tariff measures.
The research highlights Bitcoin’s emerging reputation as a safe haven asset, especially in uncertain economic times. Despite an initial dip to just over $75,000 on April 7, Bitcoin quickly regained investor interest, even as gold soared by more than 30% in early 2025.
Also Read:Study Reveals Bitcoin Buying Surge Among US Investors Triggered by Trump Tariffs
Notably, 26% of respondents reported buying Bitcoin for the first time because of the trade actions, and more than 75% consider it a genuine safe haven. Confidence in BTC appears to be further boosted by the proposed Bitcoin Reserve bill, with over 81% planning to increase their holdings if the legislation passes.
The study also found that 75% of participants believe government policies will heavily influence Bitcoin’s price, underscoring the political landscape’s growing role in shaping crypto markets.