Markets are poised for potential changes ahead of U.S. President Donald Trump's upcoming announcement on new tariffs, which could impact trade relations and cause volatility.
Trump's New Trade Policy
U.S. President Donald Trump is set to announce his tariff plan called 'Liberation Day' at 4 p.m. ET. Proposed measures may include delayed 25% tariffs and new duties on commodities such as lumber, copper, and microchips. This could significantly impact U.S. trade relations with countries like China, Mexico, and Canada.
Bitfinex Forecasts: Two Possible Scenarios
According to Bitfinex analysts, if Trump's announcement falls within expected ranges, that is, tariffs in the 12–20% range focused on a few countries, markets may react positively in the short term. In this scenario, risk assets like equities and Bitcoin could experience a brief rally. However, if the tariffs exceed expectations and are accompanied by aggressive rhetoric, Bitfinex predicts a continuation of the downtrend.
Key Market Signals to Monitor
The analysts highlight several indicators to watch following the announcement: Bitcoin’s current trading range of $78,000–$88,000; spot ETF outflows as a gauge of institutional confidence; and equity performance, particularly in tech and consumer sectors. Altcoins may underperform, leading to a spike in Bitcoin dominance.
The upcoming announcement is seen by analysts as one of the most important catalysts of Q2. Volatility is expected to remain elevated for the next 24–48 hours.
