68% of Americans Bought Bitcoin (BTC) After Trump's Reciprocal Tariff Announcement

A new study reveals that 68% of Americans purchased Bitcoin (BTC) following the announcement of reciprocal tariffs by US President Donald Trump

A new study has revealed that 68% of Americans purchased Bitcoin (BTC) following the announcement of reciprocal tariffs by U.S. President Donald Trump, outpacing gold buyers by nearly 24%.

The survey, conducted by Statista and including 1,290 participants, found that 71.60% allocated more funds to BTC than to gold after the tariff measures were announced.

The findings add to a growing body of evidence positioning bitcoin as a perceived safe haven.

After initially falling with traditional markets following the announcement on "Liberation Day," BTC has drawn significant investor interest.

The top cryptocurrency dropped to just over $75,000 on April 7, moving in tandem with global financial assets.

Meanwhile, gold surged more than 30% in the first quarter of 2025, reinforcing its traditional role during economic uncertainty.

However, the study suggests the tariffs motivated new market entrants, with 26.23% of respondents saying they bought bitcoin for the first time due to the trade measures.

Additionally, 75.62% of those surveyed consider bitcoin a genuine safe haven, signaling growing confidence in the asset.

The Trump administration’s proposed Bitcoin Reserve is also playing a role in market sentiment. The report found 81.48% of Americans plan to increase their bitcoin holdings if the reserve bill is passed.

Roughly 75% of participants believe that government policies and political actions will significantly influence BTC’s future price, underscoring the administration’s perceived impact on cryptocurrency trends.