‘Climax of uncertainty’ before crypto market recovery
From CoinTelegraph
April 6, 2025 10:17 am:
Cryptocurrency markets may recover as investor sentiment stabilizes post-Trump’s tariff announcement. S&P 500 lost over $5 trillion, largest drop on record. Some analysts see tariffs as a way to stimulate domestic growth. Trump’s plan includes a 10% baseline tariff on all US imports from April 5 and up to 54% on select countries. Tariffs could trigger Fed easing, leading to renewed investment in crypto markets. Hayes predicts Bitcoin could reach $250,000 if Fed enters QE cycle. Uncertainty may continue to weigh on risk appetite, impacting crypto investor sentiment. Nansen estimates a 70% chance the market could bottom by June.
Read more at Cointelegraph: ‘Climax of uncertainty’ before crypto market recovery