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This 1 Cryptocurrency Is The Only One I'm Willing to Buy Hand Over Fist Right Now

With the market teetering on the edge of disaster due to concerns about tariffs and an economy that might be trending toward recession or potentially even already in a state of recession, now is a frightening time to be thinking about buying anything, especially a cryptocurrency like Bitcoin (CRYPTO: BTC). In the future, it will be harder to produce, so when you go to buy it, you will be competing over a smaller quantity of new coins coming on the market.

Should You Buy Bitcoin If There Is a Bear Market in Stocks?

Bitcoin (CRYPTO: BTC) is often grouped together with risk assets like growth stocks in the minds of careful investors. Under that logic, if there's a bear market for stocks, and the sentiment causes major players to flip to being risk-off from risk-on, Bitcoin is more likely to tumble than hold steady, just like other assets that are purchased for their upside potential rather than for their sturdiness. As you can see, Bitcoin lost a lot of its value throughout 2022, and then slowly started to grind up again in the following year.

Here's How New Tariffs Could Be One More Reason to Buy Bitcoin

Before getting into how Bitcoin could be a useful investment in the context of new tariffs in the U.S., it's necessary to learn a little bit about how tariffs tend to affect the economy. This means that the fiat currency held by consumers, like dollars, have less purchasing power as a result of tariffs. Unless consumers can mitigate the decline in their purchasing power by holding an asset that retains its purchasing power in fiat currency, that is.