The US stock market is experiencing significant losses due to concerns surrounding the trade war and lack of new agreements.
Trade War Fallout on Stocks
Since President Donald Trump announced a 90-day pause on tariffs on April 9, 2025, the US stock market has seen significant declines. According to ‘The Kobeissi Letter’, the loss amounts to approximately $2.5 trillion, triggered by investor anxieties over delayed trade deals with US allies. Japanese negotiator Ryosei Akazawa stated that Japan will not simply concede to US demands, highlighting that it is not in the nation’s best interest. Additionally, China's warnings about consequences for countries cooperating with the US exacerbate the situation.
Bitcoin and Gold as Safe Havens
Amid rising uncertainty, Bitcoin and gold have become attractive assets for investors. Since early April, gold has increased in value by over 15%, while Bitcoin has risen by more than 12%. This indicates that traditional safe havens like bonds are losing appeal among investors.
BTC Price Eyes $100K
Despite the lack of trade deals, Bitcoin could gain support and retest the psychological $100,000 level, last seen on February 3, 2025. Recently, Bitcoin reached a price of $88,460.10, and as of this writing, it is trading at $91,441.14, representing a 5.25% increase in the last 24 hours. Trading volume has also risen by 13.71%, totaling $44.84 billion.
The trade war and its associated risks are having a significant impact on the stock market. Bitcoin and gold have, in turn, proven their resilience and attractiveness in times of uncertainty.
