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TechFlow news, on February 3, according to The Block, Bernstein analyst Gautam Chhugani stated that while high tariffs will strengthen the dollar, increase inflation, and reduce rate cut expectations in the short term, bitcoin will still maintain its value relative to the dollar in the long run. As the U.S. leads a shift toward supporting cryptocurrencies, sovereign nations will increase their holdings of gold and bitcoin as economic buffers.
According to The Block, Bernstein analyst Gautam Chhugani said that while high tariffs will strengthen the dollar, increase inflation, and reduce rate cut expectations in the short term, bitcoin will still maintain its value relative to the dollar over the long run. As the U.S. leads a shift toward supporting cryptocurrencies, sovereign nations will increase holdings of gold and bitcoin as economic buffers.
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