Following U.S. President Donald Trump's announcement of a softened tariff policy, Bitcoin reached a new high of $95,000. Despite the positive signals, the market faces considerable uncertainty.
Trump's Policy and Its Impact on the Market
In his first 100 days, President Trump has implemented several crypto-friendly measures, including refining the stablecoin regulatory framework. In the coming weeks, the administration will focus on finalizing trade agreements and advancing the FIT21 bill, which aims to provide a clear framework for digital asset regulation.
Crypto Market: Last Week's Recap
Last week, the crypto markets began to decouple from U.S. equities, driven by a weakening dollar and increased allocations from traditional financial firms. Bitcoin rose to $88,000; however, actual trade agreements remain several months away.
Key Economic Data and Risks
This week's pivotal economic data can impact the crypto market. It's expected that U.S. Q1 GDP figures will show a decline, potentially leading to lowered interest rate expectations and support for assets like Bitcoin and Ethereum. However, if the data exceeds forecasts, it may negatively affect the crypto market.
Analysts suggest that the current market position requires careful monitoring of economic data and assets, potentially creating opportunities for investors in the short term.
