Over 68% in US choose Bitcoin after tariffs

A recent study by NFT Evening reveals that 68% of Americans have purchased Bitcoin (CRYPTO:BTC) following the Trump administration’s announcement of reciprocal tariffs.

This figure surpasses gold buyers by nearly 24%, pointing to a growing preference for Bitcoin as a financial hedge.

The survey, which included 1,290 participants, found that 71.60% allocated more funds to Bitcoin than gold after the tariff news.

The data suggests a shift toward viewing Bitcoin as a modern safe haven during economic uncertainty.

On April 7, Bitcoin dropped to just over $75,000 after the official tariff declaration, reflecting broader market downturns.

Gold, in contrast, surged more than 30% in Q1 2025, reinforcing its traditional role as a crisis asset.

Despite the price dip, the study found that 26.23% of Americans bought Bitcoin for the first time because of the tariffs.

Additionally, 75.62% of respondents believe Bitcoin now qualifies as a safe haven asset.

Sentiment toward Bitcoin may also be shaped by the administration’s proposed Bitcoin Reserve.

81.48% of participants said they would increase their Bitcoin holdings if the Bitcoin Reserve Bill is passed.

The study also shows that 75% believe Bitcoin’s price trajectory is influenced by current policies and political actions.

The findings indicate a clear rise in retail interest in Bitcoin as a financial strategy in response to national policy shifts.

At the time of writing, the Bitcoin (BTC) price was $96,732.55.