Bitcoin traders are overstating the impact of the US-led tariff war on BTC price
From Cointelegraph
April 1, 2025 7:25 pm:
Bitcoin saw a 2.2% increase on April 1 but hasn’t surpassed $89,000 since March 7. Factors like the US-led trade war and investor sentiment have weighed on BTC. Strategy’s $5.25 billion in Bitcoin purchases may have supported the $80,000 level, but BTC’s limited upside was evident before the tariffs.
Despite the trade war, spot Bitcoin ETFs saw $2.75 billion in net inflows post-Jan. 21. Institutional demand for Bitcoin remained strong amid escalating trade tensions. Disappointment among traders arose from President Trump’s delayed executive order on a national Bitcoin reserve. Inflation trends also impacted Bitcoin’s struggle to break $89,000.
Bitcoin’s gains in 2022 were tied to high inflation, acting as a hedge against monetary debasement. However, if inflation remains controlled in 2025, lower interest rates could benefit real estate and stocks more than Bitcoin. Weak job market data and a shift towards risk aversion have also dampened demand for Bitcoin.
Read more at Cointelegraph: Bitcoin traders are overstating the impact of the US-led tariff war on BTC price