In the latest Binance report on the impact of Donald Trump's proposed tariffs on the cryptocurrency market, high-risk investments were the most affected, while real-world tokenized assets (RWAs) and tokens affiliated with exchanges were the least affected.
According to the report, Bitcoin's perceptual risk has increased due to its new solidarity with the stock market, and only 3 percent of investors have identified it as their preferred asset in the event of a trade war.
This finding could undermine the conventional view of bitcoin as a hedge against inflation.
Trump's proposed tariffs, the toughest in the United States since the 1930s, have raised concerns about the inflationary recession and the global trade war.
Following these developments, Ethereum has plunged to March 2023 price levels, while the OM token from the mantra project (MANTRA) has grown following the announcement of the creation of a large RWA fund.
Tokens in high-risk areas such as AI and mimicoins have fallen by more than 50 percent, while RWA tokens have fallen by only 16 percent and exchange tokens by 18 percent.
Meanwhile, according to reports, the US stock market has lost more than 5 trillion in just two days, and in the last 44 trading days, the loss has reached more than l 11 trillion (equivalent to 38 percent of US GDP).
Also, JP Morgan has raised the likelihood of a recession to 60 percent.
Binance concluded its report by stressing that in these turbulent circumstances, blockchain projects with real use and long-term prospects are the safest investment options.
