TRUMP'S TRADE WAR PRESSURES CRYPTO MARKET AS APRIL 2 TARIFFS LOOM!

Trump's trade war is putting pressure on the crypto market as the April 2 tariffs loom. The upcoming tariff policy and its implementation are expected to create short-term headwinds for crypto markets, including Bitcoin, due to increased uncertainty, inflation concerns, and a risk-off market environment .

Historically, Bitcoin has been correlated with tech-heavy indices like the NASDAQ, and the current tariff-driven market uncertainty is likely to impact Bitcoin's price in the short term. However, some experts believe that Bitcoin's role as a non-sovereign asset could outweigh short-term forex dynamics, especially as global capital looks for alternatives .

The tariffs on semiconductors could also impact Bitcoin mining profitability, reducing supply and increasing the price. This could lead to a temporary decline in network strength if fewer miners are in operation .

Despite the uncertainty, some experts remain optimistic about Bitcoin's long-term potential. Dan Greer, Co-Founder at Defi App, believes that if Bitcoin clears $87,000-$88,000, we could see a squeeze up to $95,000 .

Key Takeaways:

Short-term uncertainty: Tariff-driven market uncertainty is likely to impact Bitcoin's price in the short term.

Long-term potential:Some experts remain optimistic about Bitcoin's long-term potential, citing its role as a non-sovereign asset and hedge against inflation.

Mining profitability:Tariffs on semiconductors could impact Bitcoin mining profitability, reducing supply and increasing the price.#NavigatingAlpha2.0