The post Global Tariff War Sparks Currency Crisis – Perfect Conditions for Bitcoin to Reach $2.2M, Says Max Keiser appeared on BitcoinEthereumNews.com.
U.S. President Donald Trump’s tariffs have sparked fears of a global financial crisis, setting the perfect stage for a Bitcoin rally, says Max Keiser. Financial educator Robert Kiyosaki views the current market downturn as a rare chance for wealth creation. Max Keiser, a proponent of Bitcoin (BTC), has reaffirmed his optimism about its future by saying that intensifying global trade wars will make it the perfect storm for BTC. Following the tariff war started by U.S. President Donald Trump, Keiser said the severe economic turmoil could send Bitcoin skyrocketing to a record $2.2 million. Trump Tariffs Spark Fears Of Financial Chaos The world economy is being confronted with fresh uncertainty following the introduction by Trump of far-reaching tariffs on imports from China and Mexico. The measure, aimed at saving American industries, has already sparked sharp market reactions and retaliatory moves from the countries affected by the move. Canada, Mexico, and China responded with counter-tariffs. Canada is expected to slap a 25% duty on $30 billion in U.S. goods starting February 4. Economic analysts warn that this might lead to heightened inflation and rising costs for consumers. Business leaders around the world cautioned that a worse financial storm might be looming ahead. As previously mentioned in our report, it has also sent Bitcoin and altcoins into a freefall. The threat of it seemed to only spur Trump into defending his choice further, with a promise that in the long term, this economic “pain” will pay off. As an aside, Trump has talked with Canadian Prime Minister Justin Trudeau over possible exceptions. No promises, though. Max Keiser: “Perfect Conditions for Bitcoin” Amid this rapidly rising crisis, Keiser doubled down on his conviction that Bitcoin would become the ultimate safe haven. “Global tariff war = global currency crisis and economic chaos,” Keiser posted…