Gate.io’s Han Lin on Tariff Policies: Short-Term Volatility, Long-Term Crypto Growth
Han Lin, Gate.io founder and CEO, predicts that the U.S. tariff policies will initially cause market volatility but will ultimately foster growth in the cryptocurrency sector. In talks with CoinTelegraph, Han highlighted the adaptability of the crypto industry amid global economic challenges, viewing the policy changes as catalysts for industry evolution. He anticipates that these developments will integrate crypto solutions more deeply into the financial system, maintaining optimism for crypto’s future role in global finance. However, U.S. miners may face higher equipment costs due to tariffs, potentially slowing down Bitcoin production and affecting market supply dynamics. This situation could increase Bitcoin prices. Moreover, economic instability from tariffs may enhance cryptocurrencies’ appeal as hedge assets, especially in regions with depreciating local currencies.
Neutral
The news on U.S. tariffs suggests an initially disruptive yet eventually positive outlook for the cryptocurrency market. While there may be short-term volatility due to increased costs for importing mining equipment affecting Bitcoin production, the broader perspective sees the industry adapting and potentially benefiting from the heightened interest in cryptocurrencies as hedge assets against economic instability. This dual impact renders the market view as neutral, balancing short-term difficulties against long-term growth prospects.