Pressure on cryptocurrencies should remain until April
Until April, crypto markets will suffer the repercussions of an economic storm with deep roots. An explosive mix of geopolitical tensions and rigid interest rates stifles the appetite for risk. But behind this chaos lie opportunities.
The specter of tariffs has loomed since January. Donald Trump's announcement regarding Chinese imports triggered a 17% drop in bitcoin.
However, this is just a prelude. Nicolai Sondergaard, an analyst at Nansen, emphasizes that fears related to trade barriers remain "the main driver" of the markets.
A persistent blockade until April 2, a key date when reciprocal customs duties could come into effect. Crypto assets, which are disconnected from traditional economies, cannot withstand this systemic pressure.
For Iliya Kalchev, an analyst at Nexo, this rigidity is only temporary. "Stabilized economic data could reignite enthusiasm for bitcoin," he estimates. But the timeline is tight.
April presents itself as a crucial month. Between the possible activation of tariffs and hopes for a change from the Fed, cryptos navigate between challenges and opportunities. Experienced investors know that these storms forge the markets.
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