Recently, trade tensions between the EU and the US have intensified, attracting significant attention from the global economic community. According to the latest reports, the EU has prepared countermeasures worth up to 100 billion euros (approximately 117 billion dollars) to combat the potential 30% tariffs that the US may impose. This move signifies a further escalation of the trade dispute between the two parties.

If both parties fail to reach a consensus before August 1, the EU will take equally strong countermeasures by imposing a 30% tariff on various American goods, including Boeing aircraft, American cars, and whiskey. This trade confrontation at the level of hundreds of billions of euros will undoubtedly have a profound impact on the global economic landscape.

So, what kind of impact will this trade war have on the cryptocurrency market? Analysis suggests that mainstream cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) may benefit from it.

The reason is that when the conflict between the two largest economies in the world intensifies, market risk aversion tends to heat up. Investors seek safe assets to avoid risk. Traditionally, gold has been the preferred safe-haven asset. However, as the cryptocurrency market matures, Bitcoin and Ethereum, as decentralized digital assets, are gradually being recognized for their safe-haven properties.

Especially in the context of the current tense geopolitical situation and uncertain economic outlook, an increasing number of investors may incorporate cryptocurrencies into their diversified investment portfolios. Bitcoin is regarded as "digital gold," while Ethereum is referred to as "digital silver." Their characteristics of being free from the control of any single country make them more attractive in an environment of increasing global economic uncertainty.

However, it is important to note that the cryptocurrency market remains highly volatile, and investors should carefully assess risks when making decisions. At the same time, the ultimate outcome of this trade conflict will also have a significant impact on global financial markets, and various assets, including cryptocurrencies, may be affected.

Overall, the escalation of trade conflicts between the US and Europe has provided cryptocurrencies with an opportunity to showcase their value as a safe haven. As the situation develops further, the market will more clearly see whether Bitcoin and Ethereum can stand out in this economic storm and become a safe haven in the eyes of investors.