The cryptocurrency market remains cautious as it awaits April 2, when the Trump administration plans to impose new tariffs. Major cryptocurrencies show moderate growth, while altcoins are displaying more significant market movements.
Expectations Before April 2 Tariffs
Investors are cautiously awaiting April 2, dubbed 'Liberation Day' by the Trump administration, when new tariffs targeting the 'Dirty 15' nations are expected to be imposed. These actions could impact global markets, including the crypto sector.
Movements in the Crypto Market
Amid market caution, Bitcoin (BTC) and Ethereum (ETH) have shown only modest gains over the past day. However, several altcoins, such as Walrus (WAL), EOS, Curve Finance (CRV), and AI16Z, have become true market movers. WAL gained 22%, EOS climbed 15.19%, CRV rose 18.18%, and AI16Z's price increased 16.75%.
Risks and Analysts' Warnings
Some analysts warn of potential risks for Bitcoin. Analyst Ali Martinez notes the possibility of a '$70k air gap', which could lead to sharp price movements.
The crypto market continues to show caution ahead of the anticipated tariff policy changes, while individual altcoins demonstrate significant growth. Investors are closely monitoring the situation as April 2 approaches.
