The post Crypto traders in ‘wait-and-see’ mode ahead of ‘Liberation Day’ tariffs appeared on BitcoinEthereumNews.com.

Crypto traders are cautious ahead of Trump’s tariff announcement, uncertain of market impact. Despite the Q1 downturn, experts predict Bitcoin could test $100,000 if tariffs and policies stabilize. Bitcoin [BTC] is holding firm above $84K as traders adopt a cautious “wait-and-see” stance ahead of President Trump’s much-anticipated Liberation D tariff announcement. With global markets bracing for potential turbulence, crypto investors are left grappling with uncertainty. Will the new tariffs ignite fresh volatility, or will they open the door to new opportunities? Crypto traders in ‘wait-and-see’ mode Presto Research Analyst Min Jung said, “Right now, the market is in a wait-and-see mode, as the details of the tariffs have yet to be disclosed.” The announcement of new tariffs on April 2, dubbed “Liberation Day,” is expected to bring significant changes to U.S. trade relations. However, the exact impact on the crypto market remains unclear. Traders are weighing the potential fallout from these tariffs, which may trigger a chain reaction in global trade. “Some investors believe the impact may be less severe than initially feared, viewing the recent dip as a potential ‘buy the dip’ opportunity…” Jung went on to add, “However, many traders are still opting to remain on the sidelines until there’s greater clarity.” Worst Q1 for Bitcoin since 2018 The first quarter of 2025 has been a turbulent one for Bitcoin. After peaking above $108,000 in January, BTC experienced a sharp drop to below $80,000 last month. This decline was in line with the broader market’s response to Trump’s tariff announcements and global economic uncertainty. Source: TradingView Post-November, the market followed a classic “buy the rumor, sell the news” pattern. Investors had initially expected Trump’s pro-crypto stance to drive a bull market in early 2025. However, the implementation of tariffs has introduced unexpected volatility, shifting the market’s trajectory and…

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Filed under: News - @ April 2, 2025 2:17 am