From Cointelegraph

March 22, 2025 8:04 am:

Global trade war concerns are affecting both cryptocurrency and traditional markets until at least the beginning of April. Bitcoin’s price dropped over 17% since US President Donald Trump announced import tariffs on Chinese goods. Markets may lack direction until tariff concerns are resolved, presenting a positive catalyst between April 2 and July. President Trump’s reciprocal tariff rates are set to take effect on April 2, despite possible delays. Fed’s interest rates are also contributing to market slump, with high rates pressuring risk appetite among investors until cuts are made. Markets are currently pricing in an 85% chance that the Fed will keep interest rates steady during the next FOMC meeting on May 7. The Federal Reserve indicates that inflation and recession-related concerns are transitory, potentially boosting investor appetite and driving upside for Bitcoin and digital assets. Keep an eye on upcoming economic data reports to gauge the likelihood of future rate cuts.

Read more at CoinTelegraph: Crypto markets will be pressured by trade wars until April: Analyst