Bitcoin Emerges as Safe Haven Amid Global Trade Tensions
As global trade tensions escalate, investors are seeking refuge in alternative assets, and Bitcoin has emerged as a prominent option. Here’s a closer look at how the cryptocurrency is performing and what experts predict for its future.
Global Trade Tensions Boost Bitcoin’s Strategic Allure – VanEck
US President Donald Trump’s new reciprocal tariffs on 180 countries have reignited global trade tensions, leading to renewed interest in Bitcoin (BTC) as a strategic financial asset. According to VanEck’s head of digital assets, Matthew Sigel, Bitcoin dipped to the $81,000 range after the April 2 announcement amid broader risk-off sentiment but stabilized and outperformed equities in the following days. Sigel attributed this resilience to Bitcoin’s growing appeal as a neutral asset in times of economic uncertainty. He noted that if tariffs drag on GDP without sparking a new inflation wave, the Fed may have scope to cut rates, which could be bullish for Bitcoin.
What To Expect From BTC Price Once Tariff Tantrums Get Over
The first three months of 2025 have been a roller coaster for BTC price action. Crypto investors are riding on early year gains, prompting a broader view, especially from a Bitcoin cycles perspective. A CryptoQuant analysis suggests BTC could be in the tail end of the early bull cycle, gearing up for another rally to the cycle peak. The bullish stage is typically characterized by high demand, major news, and institutional adoption.
Death Cross Looms For Price Of Bitcoin—Major Crash Incoming?
The price of Bitcoin is showing signs of bearish momentum as it inches closer to a vital technical signal known as the Death Cross. This formation indicates that the 50-day moving average will soon surpass the 200-day moving average. However, historical data suggests that Death Crosses have not been reliable predictors of downward pressure in recent market situations. Despite this, traders remain unsure if this indicator signals an authentic market change or will lead to another brief downturn. Currently, Bitcoin is trading at $83,580 with a minor 2.05% increase in daily price, but it persists in a downtrend beneath all EMAs from 20-day up to 200-day.
Bitcoin (BTC) Defies Market Sell-Off, Holds Strong Above $80K
Bitcoin surged 1.13% to $83,763, defying a 10% S&P 500 crash. Trading volume surged to $43.49B, showing strong interest despite macroeconomic pressures. Despite equities crashing 10%, Bitcoin resisted pressure, hinting at growing market detachment. Bitcoin defied a broader market downturn, surging to reach $83,891. Despite early session lows, buyers successfully defended the crucial $80,000 support region. The cryptocurrency’s surprising resilience stands out amid steep losses in equities, particularly as traditional risk assets typically decline during such macroeconomic turbulence.
The Secret to a High-Performing Portfolio? Automation | Opinion
People engage in various levels of risk daily, from minor personal risks to extreme physical threats. However, financial risks operate on a larger scale, impacting markets and economies. Risk is closely associated with the crypto market due to its volatility. While surges can be dramatic, downturns are often steeper, as seen in the Bitcoin (BTC) price chart.
