🧹 Tariff escalation: Trump imposes massive tariffs

Since his return to the White House, Donald Trump has implemented an aggressive trade policy, imposing tariffs of 25% on imported steel and aluminum, with no exceptions for any country. This measure was followed by the announcement of 25% taxes on European products and 20% on Chinese products. These decisions triggered retaliation from trading partners, notably China, which imposed retaliatory tariffs, and the European Union, which announced countermeasures.

These trade tensions led to a significant drop in global stock markets in April 2025, with record losses on major indices.

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đŸ€ International negotiations: agreements in sight

In the face of escalating trade tensions, the Trump administration indicated that more than 50 countries had expressed their willingness to negotiate agreements to reduce trade barriers. While discussions are ongoing, no formal agreement with 17 countries has been confirmed to date.

Regarding relations with China, although tensions remain, no official meeting between American and Chinese leaders in Switzerland has been announced or confirmed by reliable sources.

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📊 Impact on cryptocurrencies

The economic decisions of the Trump administration have had a notable impact on cryptocurrency markets. The uncertainties surrounding trade policies have led to increased volatility, with significant fluctuations in Bitcoin and other digital asset prices.

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🏩 Fed meeting: expectations and implications

The Federal Open Market Committee (FOMC) meeting of the American Federal Reserve, scheduled for tonight, is highly anticipated by investors. At its last meeting, the Fed had kept interest rates unchanged but signaled a cautious approach for 2025, forecasting only two additional cuts instead of the four initially anticipated. This policy aims to contain persistent inflation while supporting economic growth.

For cryptocurrency markets, a tighter monetary policy could mean a reduction in available liquidity, putting downward pressure on the prices of digital assets. Conversely, signals of easing could provide support for prices.

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📈 Current state of the cryptocurrency market

As the Fed's decision approaches, major cryptocurrencies show mixed performance:

$BTC

$ETH

$XRP

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The coming hours will be crucial for cryptocurrency markets. The combination of Trump's administration policies and Fed decisions could define the market trajectory for the months to come. Investors will have to navigate between the opportunities offered by increased political support and the risks associated with monetary policy.

potentially more restrictive.

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And what is your sentiment?

Bearish or bullish like never before??