The week started on a positive note for the market, driven by signs that U.S. President Donald Trump had settled on a clearer trade strategy. This buoyed the crypto market, but uncertainties remain.
New U.S. Trade Approach
The U.S. has introduced a new trade strategy after a period of uncertainty and tariff threats, bringing optimism. Clarity in trade relations with major partners brought investors much-needed relief.
Crypto Market Analysts' Predictions
As the market stabilizes, analysts offer various projections for Bitcoin's future. Crypto analyst Ash Crypto suggests Bitcoin might reach $150,000 amid trade conflicts, serving as a safe-haven asset.
Impact of Tariffs on the Crypto Market
Former BitMEX CEO Arthur Hayes argues tariffs might fuel Bitcoin's growth. Others, like Peter Schiff, are skeptical, believing Bitcoin could falter amid economic turmoil. Alex Kruger warns aggressive tariff policies might result in a short-term market plunge.
Current U.S. trade actions create uncertainty in markets, including cryptocurrency. Analysts monitor the situation, assessing potential impacts on Bitcoin and other assets' future price movements.
