According to a recent Morning Consult and CoinDesk survey, an increasing number of Americans view Bitcoin as a safe haven asset. They’re looking for relief from the economic storm clouds whipped up by former President Trump’s trade policies and tariff declaration. The survey shows a big shift in investment priorities. An overwhelming majority of Americans now consider Bitcoin a better safe-haven asset than gold.
According to the survey, the majority (75%) of Americans are confident that Trump’s policies and actions will propel Bitcoin to the moon. This sentiment underscores a perception that Bitcoin's value is intertwined with the former president's economic influence.
After Trump’s tariff announcement, 72% of Americans are buying more Bitcoin instead of Gold. The survey shows that 71.60% of respondents invested more money in Bitcoin than in gold.
Around 68% of Americans purchased Bitcoin since Trump first imposed new tariffs. This figure exceeds gold purchasers by 23.77%, indicating a powerful trend towards Bitcoin as an inflation hedge amid economic and political upheaval.
A jaw-dropping 81% of Americans said they intended to purchase additional Bitcoin should the legislation be finalized. This is an indicator of a developing confidence in Bitcoin’s legitimacy and future prospects as a part of the U.S. financial system.
That’s a solid 76% majority of Americans who view Bitcoin as a safe haven asset. Indeed, 75.62% consider it a true haven for safety. The discovery also has shown that 26.23% of Americans bought Bitcoin for the first time with Trump’s tariffs. This statistic further bolsters the narrative that tariffs are driving crypto investment.
These implications taken together point to a future where Americans are more willing to opportunistically clutch Bitcoin as a contemporary hedge against economic catastrophe. They connect Bitcoin’s prospective bullishness right on the nose with Trump’s power.
Americans are still excited about Bitcoin’s promise, seeing it as a worthwhile alternative in the face of global uncertainty.
