Nansen analyst Nicolai Sondergaard forecasts that global tariffs will significantly impact the crypto market until April, with an uncertain future beyond that.
Global Tariffs and Market Impact
Despite positive trends in the crypto space, macroeconomic factors significantly affect investor sentiment. Nicolai Sondergaard notes that global trade tariffs exert the most pressure.
Tariff Removal Forecasts
The analyst hopes the situation may change after April 2. Some tariffs may be removed if countries can agree.
Other Economic Factors
In addition to trade policies, investors are concerned about high interest rates. Until a shift in U.S. monetary policy occurs, cryptocurrencies may remain under pressure. This situation may continue until the Federal Reserve changes its policy.
Currently, risk assets, including cryptocurrencies, are under pressure due to tariffs and high interest rates. Optimism may emerge between April and July when trade policy changes could happen.
