The post Bitcoin Price Surges Amid Optimism Over U.S. Tariff Announcements, Analysts Cautiously Monitor Potential Market Effects appeared on BitcoinEthereumNews.com.

As the crypto market reacts to impending trade tariffs announced by U.S. President Donald Trump, analysts are closely monitoring the potential outcomes. Investor sentiment has improved amidst expectations that the tariffs will be less severe than initially feared, even as risks to market stability remain. “Traders are buzzing over Trump’s tariff chatter and are leaning to the hint that there will be softer policies than expected,” indicated Sid Powell, CEO & co-founder of Maple. Major cryptocurrencies see gains ahead of expected U.S. tariffs; analysts warn of the potential risk of trade wars impacting market stability. Crypto Prices Surge Amid Tariff Speculation Digital assets have experienced a notable uptick in their prices just a day before President Trump’s announcement on tariffs, with Bitcoin reaching approximately $84,900, marking a gain of over 2.5% in the past 24 hours. This increase in value has led analysts to speculate that traders are anticipating a more favorable outcome regarding the tariffs set for “Liberation Day.” Impact of Tariffs on Cryptocurrency Volatility Despite the short-term optimism, experts caution that trade tariffs can introduce significant volatility into the market. According to Pedro Lapenta, head of research at Hashdex, “From a risk management perspective, it makes sense for the market to remain on the sidelines, awaiting greater clarity on the impact of Trump’s tariffs.” The potential for a global trade war may amplify market fluctuations, raising concerns about inflation and economic growth. Major Cryptos Show Positive Momentum Alongside Bitcoin, other major cryptocurrencies like Ethereum, Dogecoin, and Solana have also shown positive trends. Ethereum is currently trading at about $1,917, reflecting a 4% rise over the day, while Dogecoin has reached just over $0.17, experiencing a 3% increase. Analyst sentiment suggests that the favorable expectations surrounding the tariff announcements are sparking renewed investor interest in these assets. Market Sentiment…

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Filed under: News - @ April 2, 2025 1:27 am