Trump's customs policy shakes markets: Bitcoin as a refuge?
Trump's customs policy shakes markets: Bitcoin as a refuge?
The current economic situation is strongly influenced by the latest political developments in the United States. Donald Trump's customs policy ensures uncertainty on the financial markets and unsettled investors worldwide. Especially after a shock in early April, which shook the markets, investors no longer seem to feel safe. While Trump plans to relieve central bank boss Jerome Powell and question the independence of the US Central Bank Fed, the financial markets react nervously. The US dollar has lost value, which in this tense situation draws attention to alternative forms of investment, especially on Bitcoin.
In the past few weeks, however, Bitcoin has been surprisingly resistant, despite the general market uncertainty. The Bitcoin course has risen by around 18 percent since April 9th on April 9 and is currently around $ 88,600. Forecasts by Robert Kiyosaki indicate that the Bitcoin course could increase to $ 180,000 to $ 200,000 by the end of 2025. Sean Farrell from Fundstrat even considers an increase to $ 175,000 this year to be realistic, but at the same time warns of the high volatility associated with investments in Bitcoin.The effects of Trump's tariffs on the market
The announcement by Trump to raise reciprocal tariffs has already led to a severe decline in Bitcoin courses. These tariffs were more aggressive than expected and led to a sale on the crypto and stock markets. Bitcoin lost more than 4 percent and fell to around $ 82,000 in Singapore. While the S&P 500 fell by 3.5 percent and the Nasdaq 100 by 4 percent, cryptocurrencies such as Ether and XRP were also affected. John Wu from Ava Labs commented that cryptocurrencies tend to do badly in times of uncertainty.
In the middle of this volatility, however, gold showed a positive development and achieved a record high of $ 3,167 per ounce, which shows that investors are looking for safe ports. Rachael Lucas from BTC Markets pointed out that the price of $ 80,000 was crucial for Bitcoin; If he falls underneath, it could be problematic. The market participants are currently in a waiting position, while the uncertainties on trade relationships and reactions on the Federal Reserve predominate.status of the Federal Reserve and market reactions
The US Federal Reserve decided on the same day to leave the key interest rate at 4.5 percent. This decision was not surprising because 99 percent of the market participants had expected this. After the announcement, the Bitcoin course rose by 1.2 percent in the very beginning to $ 85,200. This reaction shows that even in a strongly volatile environment there is still interest in Bitcoin, even if it cannot offer complete security.Inflation fell to 2.8 percent in the year, and the growth prospects for the real GDP of the USA 2025 were corrected from 2.1 to 1.7 percent. The markets that prepare for subsequent developments expect increased volatility. Jerome Powell has indicated that the key interest rate is not reduced until the inflation rate is stabilized. The Powell press conference, which is planned at 8:30 p.m. (CET), should give further insights into the Fed's monetary policy plans.
The current situation makes Investing appear exciting in Bitcoin, even if it is associated with considerable risks. The turbulent market situation and the political maneuver of Trump stir up an atmosphere of uncertainty, in which alternative asset classes such as Bitcoin are increasingly becoming the focus of the investors.
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