Australian Investors Shift $87M to Bitcoin Amid Trump Trade War

Bitcoin is gaining increasing traction as a store of value and portfolio hedge amid ongoing geopolitical tensions, particularly due to the US trade war under Donald Trump. Australian investors are allocating significantly more funds to bitcoin ETFs than to gold, highlighting a shift in preferred safe-haven assets. In May, U.S.-listed Bitcoin ETFs attracted $5.6 billion, and corporate holdings increased to $85.6 billion, signaling growing institutional adoption despite the volatility caused by trade rhetoric. Although Bitcoin's price reached a peak above $111,000 before retreating to around $105,000, analysts view this pullback as a healthy consolidation rather than a market reversal, anticipating further growth in the coming months. Advanced AI-driven forecasts suggest June could be highly volatile for Bitcoin, reflecting macroeconomic uncertainty and fluctuating on-chain activity. Overall, Bitcoin's evolving market identity and resilience amid uncertainty underscore its rising role as a decentralized asset in a turbulent economic landscape.