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Global Game Theory: How America’s Bitcoin Policy Is Reshaping the World

Global Game Theory: How America’s Bitcoin Policy Is Reshaping the World

Bitcoin Conference Asia – Hong Kong, August 28, 2025- At the heart of Bitcoin Conference Asia’s main stage, a powerful conversation unfolded under the theme *“Global Game Theory: The Response to America’s Changing Bitcoin Policy.”* With the United States now positioning itself as a self-declared “Bitcoin superpower,” the ripple effects are being felt across continents, from Singapore to Pakistan, from policy corridors to crypto exchanges. This panel, moderated by Greg McCarty, Co-Founder and Co-President of the Bitcoin Policy Institute, brought together four influential voices shaping the global Bitcoin narrative: Anndy Lian, blockchain advisor and author; Jeremy Tan, Singaporean political candidate and Bitcoin advocate; Bilal Bin Sakib, Minister of State for Blockchain and Crypto in Pakistan; and Nentur Chao, Global CEO of Bitmart Exchange.

What emerged was not just a discussion about regulation or technology but a geopolitical reckoning. As the U.S. accelerates its pro-Bitcoin agenda, countries and companies worldwide are reevaluating sovereignty, financial infrastructure and national identity through the lens of digital gold.

Greg McCarty opened the panel with a bold statement. In the last twelve months, the world has seen a massive shift in global Bitcoin policy and it started in Washington. He outlined a series of transformative developments since early 2025. The United States now has a firmly pro-Bitcoin administration that has issued executive orders declaring its intent to become a global Bitcoin superpower. The country has established a strategic Bitcoin reserve worth ten billion dollars. It has passed the Genius Act, a landmark piece of stablecoin legislation, and is moving forward with comprehensive cryptocurrency market structure legislation. Support for the industry is now unified across Congress, federal agencies and the executive branch.

This is not merely a policy shift. It is a strategic signal to the world. Bitcoin is now recognized as a national asset of critical importance. The implications are profound. Countries can no longer afford to treat Bitcoin as a speculative or fringe technology. It has entered the realm of monetary sovereignty, energy policy, youth empowerment and international diplomacy.

Bilal Bin Sakib, representing Pakistan, the fifth most populous nation on Earth with 250 million people and a youth population that makes up 70 percent of the total, shared his country’s ambitious vision. Pakistan is turning its challenges into opportunities by transforming liabilities into digital gold. With between forty and fifty million active crypto users and two thousand megawatts of excess electricity, the nation is redirecting surplus power toward Bitcoin mining. The government has announced a national Bitcoin strategic reserve using bitcoins seized by law enforcement. It has also created the Pakistan Virtual Asset Regulatory Authority, an independent body separate from the central bank and securities commission, to foster innovation in the crypto space.

Sakib emphasized that Pakistan’s strength lies in its human capital. The country is the third largest freelancer market in the world. If Pakistan’s youth were their own nation, they would rank as the tenth largest country globally. With fifty thousand IT graduates entering the workforce each year, the foundation is set for a homegrown tech revolution. The goal is not just to participate in the global crypto economy but to lead it by building billion dollar protocols from within Pakistan. At the same time, the country faces serious socioeconomic challenges, including one hundred million unbanked citizens. Blockchain technology offers solutions not only for financial inclusion but also for improving government efficiency and combating counterfeiting. Bitcoin is important, but blockchain is the infrastructure that will power the future.

Jeremy Tan, who ran for Parliament in Singapore on a platform advocating for Bitcoin in national reserves and became the best performing independent candidate in fifty years, framed Bitcoin as a matter of national survival. Singapore lacks natural resources and depends heavily on its status as the fourth largest foreign exchange hub in the world. But if financial liquidity begins to migrate on chain through stablecoins, yield protocols and decentralized markets, the rationale for maintaining physical financial centers comes into question.

Tan pointed to a troubling statistic. Singapore had only one initial public offering on its local stock exchange in the past year. As capital flows increasingly toward Bitcoin and decentralized platforms, traditional financial hubs may find themselves obsolete. He also highlighted a cultural truth common across East Asia. There is a deep seated preference for hard assets such as property. However in land constrained societies like Singapore and Hong Kong, this pursuit of real estate has created a generational burden where each new cohort must pay more than the last. This dynamic is unsustainable, especially in an era of artificial intelligence and economic uncertainty.

Bitcoin offers an alternative. It is a scarce, portable and globally accessible hard asset. But adoption requires education. Tan recently visited El Salvador and met with President Bukele and his team, including Stacy Herbert of the Bitcoin Office. He was impressed by their national education campaigns that teach children the nature of money from an early age. This is something often taken for granted in Asian cultures. Tan believes that financial literacy must be prioritized, not only for youth but also for government officials and bureaucrats who shape policy. Many in power hold strong opinions about Bitcoin, but those views are often based on misinformation or fear. Without proper understanding, progress stalls. To address this, Pakistan and El Salvador have begun a joint initiative in Bitcoin diplomacy, sharing frameworks and training government officials to make informed decisions.

Nentur Chao of Bitmart Exchange, which serves over twelve million users worldwide, provided a real time perspective from the private sector. He confirmed that the shift in U.S. policy has created a positive halo effect across the industry. Institutional adoption is accelerating, with public companies increasingly adding Bitcoin to their treasuries. However, user behavior tells a more complex story. After a surge in trading volume during the first quarter of the year, spot Bitcoin transactions have declined by twenty to twenty five percent. Derivatives trading, on the other hand, has remained steady, indicating that institutions continue to use these tools for hedging and strategic positioning. Among retail traders, eighty percent of derivative positions are closed within twenty four hours, pointing to a high frequency, speculative mindset.

Beyond the data, Chao shared a deeper trend. Governments around the world are reaching out to exchanges and industry leaders not to impose restrictions but to learn. He has participated in numerous closed door discussions with quasi governmental bodies seeking to understand market risks, compare regulatory models and refine their own policy drafts. There is a clear demand for knowledge, but a notable lack of coordination between nations. Countries are working in isolation, repeating the same mistakes and missing opportunities for collaboration.

Chao praised Hong Kong’s Leap 2.0 regulatory framework as a leading example of forward thinking policy. From the outset, the framework allows for the tokenization of real world assets such as government bonds, ETFs, commodities and renewable energy credits. This creates immediate utility and attracts institutional capital. It moves the ecosystem from zero to one quickly and enables further innovation. Such an approach, he argued, is essential for any jurisdiction that wants to be a serious player in the digital asset economy.

Anndy Lian offered a measured but strategic perspective. While he applauds the speed of U.S. policy development, he cautioned that not every country is ready to follow the same path. Legislation in America is advancing at an extraordinary pace, but much of Asia is still in a catch up phase. Nations like Japan, South Korea and the Philippines are making progress, but they are doing so step by step. First, they are tokenizing traditional assets such as stocks and corporate equity. Then they are establishing stablecoin regulations. Only after these foundations are in place will they consider holding Bitcoin in national reserves.

The key, Lian emphasized, is building a strong foundation. You cannot construct a sustainable Bitcoin economy on weak regulatory or educational ground. He criticized what he called performative policy making, where high profile figures visit a country, take photos and leave without substantive dialogue. This is public relations, not policy. What is missing is a serious, standardized global conversation. He proposed the creation of an international body for digital assets, similar to the International Civil Aviation Organization or the Bank for International Settlements. Such a body could establish baseline regulatory standards for exchanges, custody solutions and stablecoins, allowing countries to collaborate rather than compete in confusion.

Lian also urged governments to take decentralized finance and decentralized networks seriously. Too many policymakers view DeFi as a haven for illicit activity, but this reflects a lack of understanding. These systems represent the next evolution of finance and must be studied, regulated wisely and integrated thoughtfully.

As the panel drew to a close, each speaker offered a vision for the next phase of Bitcoin adoption. Nentur Chao highlighted Hong Kong’s Leap 2.0 framework as a model for enabling real world utility from day one. Anndy Lian called for the creation of a global regulatory body to bring coherence to a fragmented landscape. Jeremy Tan proposed that every country establish a dedicated Ministry of Blockchain and Bitcoin to serve as a single point of contact for international coordination. Bilal Bin Sakib reiterated that Bitcoin must be used to solve real problems, from financial inclusion to youth unemployment and government inefficiency.

Greg McCarty tied these threads together by reflecting on the mission of the Bitcoin Policy Institute. The organization was founded because no one else was doing the difficult work of educating policymakers. You cannot make sound decisions about a technology you do not understand. For years, the institute focused simply on explaining what Bitcoin is and how it works. Only after that foundation was laid could they begin advocating for strategic reserves and national adoption.

The takeaway is clear. The Bitcoin revolution is not just about code or capital. It is about clarity, education and long term thinking. As the United States leads with bold policy, the rest of the world is not merely copying but adapting, innovating and building solutions suited to their unique contexts. From Pakistan’s energy to digital gold pipeline to Singapore’s existential pivot, from Hong Kong’s institutional on ramps to global calls for cooperation, the game has changed.

Bitcoin is no longer a question of if but of how. And the rules of this new global game are being written in real time, not in Washington alone, but in boardrooms, parliaments and classrooms across Asia and beyond.

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

From dollars to digital coins: Tariffs shake the financial world

From dollars to digital coins: Tariffs shake the financial world

Solid earnings from megacap technology firms have failed to buoy broader market confidence, while movements in currencies, stock indices, Treasury yields, commodities, and even cryptocurrencies like Bitcoin reflect a pervasive sense of caution.

I will walk you through what’s driving this retreat, weaving in my perspective on its implications for investors and the global economy.

Trump’s tariffs: The spark of uncertainty

At the forefront of this market unease is President Trump’s tariff policy update. The White House has confirmed that a minimum global tariff of 10 per cent will persist, with countries enjoying trade surpluses with the United States facing steeper duties of 15 per cent or more. Specific nations have been hit harder: Canada now faces a 35 per cent levy, and Switzerland a hefty 39 per cent.

What amplifies the market’s anxiety is the lack of clarity on when these new rates will take effect. This ambiguity leaves businesses and investors grappling with unanswered questions about how these tariffs will reshape global trade flows, corporate profitability, and economic growth.

This tariff strategy reflects Trump’s ongoing commitment to addressing perceived trade imbalances, but it risks igniting a broader trade conflict. Tariffs of this magnitude could disrupt supply chains, particularly for countries like Canada, a key US trading partner, and Switzerland, known for its precision exports. The absence of a timeline only deepens the uncertainty, forcing companies to delay investment decisions and prompting markets to price in potential downside risks.

I see this as a double-edged sword: while it may bolster certain domestic industries, it could also inflate costs for consumers and businesses reliant on imported goods, potentially stoking inflation at a time when central banks are already on edge.

The immediate market response underscores this concern. US stock markets closed lower, with the S&P 500 slipping 0.4 per cent, the NASDAQ holding flat, and the Dow Jones dropping 0.7 per cent. These declines suggest that investors are prioritising the macroeconomic fallout of tariffs over other positive signals, a theme that recurs across asset classes.

Tech earnings: A bright spot overshadowed

Amid this tariff-induced turbulence, megacap tech firms have delivered robust earnings reports. Companies like Apple, Microsoft, and Amazon have showcased strong quarterly results, buoyed by resilient demand for technology products and services. Under normal circumstances, such performances might spark a rally in equity markets. They have failed to lift broader sentiment, a telling sign of the market’s preoccupation with larger forces.

In my view, this disconnect highlights a critical shift in investor psychology. While these tech giants demonstrate operational strength, their success cannot offset the uncertainty surrounding trade policies. Investors appear more focused on how tariffs might erode profit margins for multinational corporations, many of which rely on global supply chains.

For instance, higher duties on imported components could squeeze profitability, even for firms reporting solid earnings today. This suggests to me that the market is in a risk-off mode, where macroeconomic narratives trump individual company fundamentals.

Currency markets: Diverging reactions

Currency markets offer a mixed picture, reflecting the varied impacts of Trump’s policies. The US Dollar Index climbed 0.2 per cent, signaling a modest strengthening of the dollar. This uptick likely stems from its safe-haven status amid uncertainty, as well as expectations that tariffs might bolster US economic activity in the short term by favouring domestic production.

However, other currencies tell a different story. The Swiss franc edged lower, likely pressured by the 39 per cent tariff on Swiss exports, which could dent its export-driven economy. Meanwhile, the Canadian dollar held steady despite a 35 per cent levy, perhaps buoyed by its linkage to commodity prices, particularly oil.

The dollar’s modest gain suggests cautious optimism about US resilience, but the stability of the Canadian dollar surprises me given the tariff burden. It may indicate that traders see Canada’s energy exports as a buffer, though I suspect prolonged trade tensions could eventually weigh on the loonie. The franc’s decline, conversely, aligns with expectations, as Switzerland’s smaller, trade-dependent economy has less room to absorb such shocks.

Treasury yields and commodities: Inflation fears and demand worries

In the bond market, US Treasury yields rose, with the 10-year yield increasing 0.4 basis points to 4.374 per cent and the two-year yield climbing 1.7 basis points to 3.957 per cent. This upward movement stands out against the risk-off backdrop, where yields typically fall as investors seek safety in bonds.

To me, this suggests that markets are anticipating higher inflation, possibly driven by tariffs raising the cost of imported goods. It could also reflect concerns about the fiscal implications of trade policies, as reduced trade volumes might not offset the revenue gains Trump envisions.

Commodities present a contrasting narrative. Gold rose 0.5 per cent to US$3,290 per ounce, reinforcing its role as a safe-haven asset during uncertain times. I view this as a classic flight to safety, with investors hedging against both geopolitical risks and potential economic slowdowns.

Brent crude, however, fell 1.0 per cent to US$72.5 per barrel, driven by expectations of increased OPEC+ output following their upcoming meeting to set September quotas. This decline puzzles me somewhat: while higher supply makes sense, softening global demand due to trade tensions could also be at play, signalling broader growth concerns.

Jobs report: A looming test

The market’s gaze now shifts to the upcoming July jobs report, due Friday, which economists predict will show a more deliberate pace of hiring and an unemployment rate rising to 4.2 per cent. This data point carries significant weight.

A softening labor market could amplify fears of an economic slowdown, especially if paired with tariff-related headwinds. Conversely, a stronger-than-expected report might offer temporary relief, though I doubt it would fully dispel the tariff overhang.

In my opinion, this report will serve as a litmus test for US economic resilience. A tick up in unemployment could prompt the Federal Reserve to reconsider its rate stance, particularly if inflation pressures from tariffs persist. For investors, it’s a moment to watch closely, as it could either reinforce or challenge the current risk-off sentiment.

Bitcoin’s plunge: A crypto microcosm

The cryptocurrency market, particularly Bitcoin, mirrors this broader retreat. Bitcoin’s price dropped 2.18 per cent to US$115,621 over 24 hours, a decline fuelled by leveraged liquidations, technical breakdowns, and waning institutional enthusiasm. Between July 31 and August 1, over US$560 million in crypto positions were liquidated, with US$153 million tied to Bitcoin alone.

This cascade of forced selling intensified as Bitcoin breached the US$118,859 support level (the 23.6 per cent Fibonacci retracement of its 2024-2025 rally), turning it into resistance and accelerating technical selling.

Technical indicators reinforce this bearish turn. The Relative Strength Index (RSI) is at 49.44, and a MACD histogram at -630 signals weakening momentum, with the next support at US$114,500 (38.2 per cent Fibonacci) in sight. If breached, an additional US$149 million in liquidations could follow, per technical analysis data.

Beyond technicals, institutional demand has cooled, with spot Bitcoin ETF assets under management stagnating at US$151.48 billion despite US$47 billion in corporate purchases. Meanwhile, a shift toward altcoins has seen Bitcoin’s dominance dip 0.51 per cent, as capital flows to riskier crypto assets.

Coinglass data paints a stark picture: in one hour on August 1, US$284 million in liquidations hit the crypto market, with US$276 million from long positions, including US$91.6493 million for Ethereum and US$76.0871 million for Bitcoin. Over four hours, liquidations exceeded US$409 million. The Fear & Greed Index slid to Neutral (57) from Greed (62), capturing this sentiment shift.

To me, Bitcoin’s woes encapsulate the broader market’s struggles. The liquidation wave reflects overleveraged optimism meeting harsh reality, while the technical breakdown and institutional pullback suggest a maturing market reacting to global cues. I see this as a warning sign: if even speculative assets like Bitcoin falter, the risk-off mood may be deeper than it appears.

For me, the key takeaway is adaptability. Investors must brace for volatility, balancing safe havens like gold with selective exposure to resilient sectors. The interplay of inflation risks, trade disruptions, and labor market signals will shape the near-term outlook.

 

 

Source: https://e27.co/from-dollars-to-digital-coins-tariffs-shake-the-financial-world-20250801/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

Gold soars, Stocks teeter, Crypto seesaw: The world awaits Trump’s trade hammer

Gold soars, Stocks teeter, Crypto seesaw: The world awaits Trump’s trade hammer

I’m here to unpack the swirling storm of economic forces at play on this first day of April 2025. The financial world is holding its breath, eyes fixed on tomorrow’s looming tariff deadline set by US President Donald Trump. Reports over the weekend hinting at “broader” and “higher” tariffs than previously anticipated have cast a shadow over global risk sentiment, leaving markets jittery and investors scrambling to make sense of it all.

What’s unfolding is a high-stakes drama with far-reaching implications—not just for traditional equities and bonds, but for commodities like gold and Brent crude, and even the ever-volatile cryptocurrency space, where Bitcoin is staging its own wild dance. Let’s dive into the details of this market wrap, explore the undercurrents driving these shifts, and offer my perspective on where things might be headed.

The mood across global markets today is unmistakably subdued. Uncertainty is the name of the game as President Trump’s April 2nd tariff deadline approaches. Over the weekend, whispers emerged that the tariffs could exceed initial expectations, potentially targeting a wider swath of imports with steeper rates. This isn’t just a minor tweak to trade policy—it’s a bold escalation that threatens to upend supply chains, stoke inflation, and rattle investor confidence.

The S&P 500, a bellwether for US equities, epitomised this unease in a volatile trading session yesterday. It plunged 1.7 per cent at one point, only to claw its way back to a modest 0.6 per cent gain by the close. That recovery, however, doesn’t mask the bigger picture: Wall Street just wrapped up its worst quarter relative to global peers since 2009. The US market, once a beacon of strength, is losing ground as the rest of the world grapples with the ripple effects of America’s protectionist pivot.

Meanwhile, the bond market offered its own commentary on the situation. The yield on 10-year US Treasuries dipped 3 basis points to 4.22 per cent, pulling back from session highs as investors sought the relative safety of government debt amid the chaos. This move reflects a flight to quality—a classic response when risk appetite wanes.

The US Dollar Index, a measure of the greenback’s strength against a basket of major currencies, ticked up 0.2 per cent, signalling that despite the turmoil, the dollar retains its allure as a safe haven. But the real standout was gold, which soared 1.3 per cent to a fresh record of US$3,123.1 per ounce. That surge underscores a growing demand for tangible assets as investors brace for inflationary pressures and geopolitical uncertainty tied to Trump’s trade agenda.

Speaking of commodities, Brent crude oil climbed 1.5 per cent to US$74.7 per barrel, buoyed by a mix of geopolitical speculation and Trump’s latest rhetoric. The president has tied oil prices to his negotiations with Russian President Vladimir Putin, hinting at “secondary tariffs” on Russian oil if a ceasefire agreement falters.

Trump’s confidence in Putin’s compliance adds a layer of intrigue—could this be a rare moment of stability in an otherwise fractious relationship, or is it just another bargaining chip in his tariff playbook? Either way, the oil market is taking notice, with prices reflecting both supply concerns and the broader inflationary fears stoked by trade disruptions.

Closer to home in Asia, there’s a glimmer of resilience amid the storm. China’s official manufacturing and non-manufacturing PMIs for March showed an uptick, suggesting that Beijing’s aggressive stimulus measures are bearing fruit. With the government frontloading support to counter external pressures—like the looming US tariffs—China’s economy appears to be finding its footing.

This buoyancy spilled over into early trading today, with Asian equity indices posting gains. It’s a stark contrast to the US, where equity index futures are pointing to a lower open. Investors in Asia seem to be betting on China’s ability to weather the trade war, at least for now, while their American counterparts remain on edge.

The cryptocurrency market, ever a barometer of risk sentiment, is no stranger to this turbulence. Bitcoin, the poster child of digital assets, hit a two-week low yesterday before rebounding slightly to US$83,465—a one per cent uptick, according to CoinGecko. That’s still a far cry from its January 20 peak of US$108,800, notched on Trump’s inauguration day, representing a 23 per cent drop. Ethereum and Solana followed a similar pattern, with gains of 1.1 per cent to US$1,840 and 1.4 per cent to US$125, respectively.

The crypto market’s seesaw performance reflects the broader unease gripping investors as they await Trump’s tariff announcement tomorrow. Some analysts, like the CEO of Coin Bureau, see a silver lining—predicting a potential 360 per cent breakout for Bitcoin this month, echoing its 2017 surge. Others, however, caution that the immediate fallout from tariffs could push prices lower, perhaps to the US$73,000-US$75,000 range, before any recovery takes hold.

What’s driving this crypto volatility? For one, there’s the persistent demand from unexpected quarters. Despite strict bans, Chinese investors continue to pour into Bitcoin and Tether, defying regulatory crackdowns. This hidden demand could be a wildcard, amplifying Bitcoin’s role as a hedge against geopolitical and economic instability. Then there’s Japan’s Metaplanet Inc., a publicly listed firm that just issued US$13.3 million in zero-interest bonds to bolster its Bitcoin reserves.

Moves like these signal a growing institutional embrace of crypto as a strategic asset, even as short-term market jitters persist. My take? The tariff uncertainty might kneecap Bitcoin in the near term, but its long-term narrative as a store of value could gain traction if inflation spikes and traditional currencies wobble.

Back to the broader market, the Federal Reserve’s voice is adding another layer of complexity. New York Fed President John Williams, a permanent voter on the FOMC, struck a cautious tone, warning of higher inflation risks this year. He emphasised that monetary policy remains “moderately restrictive” and that the Fed can hold steady for a while—a signal that rate cuts aren’t imminent.

Richmond Fed President Thomas Barkin, though not a voter this year, echoed that sentiment, insisting the central bank needs clear evidence of cooling inflation before easing. This hawkish tilt is a double-edged sword: it bolsters the dollar and bonds but keeps pressure on risk assets like stocks and crypto. Investors hoping for a dovish lifeline may be left wanting, especially as the Fed eyes this week’s US payroll report and global PMI data for fresh clues.

From my vantage point, we’re at a pivotal moment. Trump’s tariff gambit is a high-risk, high-reward play—potentially a masterstroke if it forces concessions from trading partners, but a disaster if it sparks a full-blown trade war and recession. The markets are pricing in the latter, with the S&P 500’s correction and gold’s rally screaming caution. Yet there’s an undercurrent of opportunity.

China’s rebound, Asia’s resilience, and Bitcoin’s defiant demand suggest that pockets of strength could emerge from the chaos. The US economy, for all its tariff-induced woes, still has robust fundamentals—corporate earnings remain solid, and consumer spending, while shaky, hasn’t collapsed. If Trump’s tariffs land softer than feared tomorrow, we might see a relief rally; if they’re as harsh as rumoured, brace for more pain.

Looking ahead, this week’s data drops—US payrolls and global PMIs—will be critical. A strong jobs report could ease recession fears but fuel inflation worries, complicating the Fed’s calculus. Weak PMIs, especially in Europe or Asia, might amplify the tariff fallout.

For now, I’d wager the market stays choppy, with safe havens like gold and bonds holding their appeal. Bitcoin? It’s a wild card—capable of plunging or soaring depending on how the tariff dust settles.

I have seen cycles come and go, I’d say this: buckle up. April 2025 is shaping up to be a rollercoaster, and tomorrow’s announcement could set the tone for months to come. The facts are still unfolding, but one thing’s clear—the world’s financial stage has rarely been this gripping.

 

Source: https://e27.co/gold-soars-stocks-teeter-crypto-seesaw-the-world-awaits-trumps-trade-hammer-20250401/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j