Analyst: Trump's tariff policy triggers volatility in the crypto market, which may present a good buying opportunity for BTC

2025-04-03 20:38:31

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ChainCatcher news, according to The Block, after Trump announced the harshest tariffs in history, global financial markets experienced turbulence, with Bitcoin retreating from a high of $88,000 to around $82,000.

Despite the increased short-term volatility, several analysts believe that the elimination of market uncertainty has actually created buying opportunities. BRN's chief analyst Fournier expects Bitcoin to regain momentum and challenge $90,000 again, while the U.S. Bitcoin ETF has seen an inflow of $218 million, indicating a resurgence of interest from institutional investors. Meanwhile, mainstream altcoins like Ethereum continue to underperform compared to Bitcoin. Kraken's global economist Perfumo pointed out that the crypto market cycle will continue until adoption reaches critical mass.

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