As the first quarter comes to a close, the cryptocurrency market remains stable, but tensions in the US economy suggest possible changes.
What to Expect in March?
By the end of February, there were expectations for resolving ongoing uncertainties. Meanwhile, upcoming negotiations between the US and its trading partners are attracting attention. The PCE data to be released this Friday will shed light on current inflation trends.
Can April Lead to Price Changes?
The PCE report is critical for understanding inflation from the consumer's perspective. Experts from QCP Capital suggest this data could act as a significant price influencer by month-end. Analysts predict that while the quarterly futures expiration may not incite volatility from option markets, the focus will return to inflation pressures as a potential catalyst for price movements.
The Impact of Tariffs on the Crypto Market
The abating fears over tariffs may positively influence Bitcoin pricing. Recent comments from President Trump suggest a likelihood of trade agreements progressing by early April, which could further impact market dynamics.
Progress in negotiations may soon lead to a substantial rise in the crypto market, ending current anxieties and ushering in a new phase of growth.
