Can Trump’s tariff pause will help BTC price to boost up

Can Trump’s tariff pause will help BTC price to boost up

 Trump's tariff impact on Bitcoin's future price:


Bitcoin's future price

Bitcoin’s price dropped by 3% on Thursday, falling below $80,000. This happened as the whole crypto market took a hit, losing more than 5% in value. The fall came right after new inflation numbers for March were released, showing a drop to 2.4% from 2.8% in February. At the same time, former President Donald Trump announced a 90-day pause on tariffs for 75 countries, which helped calm some market worries, but not enough to stop the decline in digital assets.

Mike Marshall, a research leader at Amberdata, said that the recent inflation report may not show the full picture. He believes the report looks better than it actually is because companies still have products in storage. This means the real effects of inflation might show up later when the impact of new tariffs fully hits the economy.

Read also:

Marshall also explained that the overall economic situation is still tough for crypto. Even though inflation looks lower for now, problems like global trade issues and signs of a possible recession make investors nervous. These concerns could keep hurting Bitcoin and other digital assets in the long term.

Bitfinex analysts also shared their thoughts, saying the 90-day tariff pause gave a little relief to markets, but it’s not a long-term fix. They said Bitcoin might get some short-term help from this news, but bigger changes like a new direction from the Federal Reserve or better money conditions are needed to truly bring back big investments in crypto.

Read also:

In fact, investments in Bitcoin have fallen sharply since the start of the year. According to Glassnode, money flowing into Bitcoin has dropped from $100 billion to only about $6 billion. However, some experts believe that this could change soon. Mike Cahill from Douro Labs said low inflation and a falling bond market are signs that traditional finance is under pressure, and this could drive more people toward crypto.

Others agree. Joe Burnett from Unchained said that today’s big economic problems could shake people’s trust in regular currencies. In the long run, this might help Bitcoin grow. Scott Buchanan from Bitcoin Depot added that with inflation cooling, tariffs paused, and bonds falling, Bitcoin is starting to look like a safer, long-term choice. People want something steady, and Bitcoin could be it.

Post a Comment

0 Comments