Recently, the global financial markets have encountered significant shocks. The Trump administration suddenly announced a 45% high tariff on fields such as robotics and medical devices, triggering severe turmoil in global stock markets, with Dow Jones futures temporarily falling by more than 5%. This move is not merely a simple trade friction; it resembles a deep-seated impact on the global financial structure.

In this turbulent environment, the flow of funds shows an interesting trend. In the past 24 hours, gold ETFs have attracted approximately $12 billion in inflows, while Bitcoin spot ETFs have attracted as much as $31 billion in funding. This phenomenon seems to indicate that more and more investors are turning their attention to the cryptocurrency market.

On-chain data also reveals some interesting information. Reports indicate that a transaction containing 32,000 bitcoins has been transferred from CoinBase to a cold wallet, which may suggest that a large investor is positioning themselves at a low level. At the same time, the market fear index VIX has risen by 35%, the U.S. bond yield curve has inverted, and issues surrounding U.S. dollar credit have once again become a topic of discussion. Against this backdrop, the flow of funds into crypto assets does not seem to be coincidental.

Analysis indicates that this incident may impact several sectors:

First of all, cryptocurrencies with safe-haven attributes such as Bitcoin and Ethereum may be favored. Historical data shows that during periods of trade tension, Bitcoin tends to experience significant increases.

Secondly, token projects related to artificial intelligence and robotics may usher in a new round of attention. High tariffs may further drive the demand for supply chain decentralization and disintermediation.

Finally, cross-border payment blockchain projects may benefit. As trade barriers increase, the demand for low-cost, high-efficiency cross-border tools by enterprises may rise.

However, investors also need to be wary of potential policy risks. There are reports that the U.S. Treasury may introduce regulatory legislation for cross-border cryptocurrency transactions, which could trigger market volatility in the short term. However, in the long run, if the global trade landscape continues to diverge, Bitcoin's safe-haven attributes may further strengthen. Some institutions have raised Bitcoin's long-term target price to $250,000.

Looking back at Bitcoin's performance during the trade friction in 2019, its increase was indeed impressive. In the current global financial turmoil, whether the cryptocurrency market can once again become a safe haven for investors is worth our continued attention.