The price of Bitcoin (BTC) is traded in the green zone, unlike the expectations, unlike the expectations before US President Donald Trump’s mutual tariffs enter into force. However, in the long run, the impact of these tariffs on the price of Bitcoin remains unclear. Bitcoin is known for short -term reactions against macroeconomic uncertainties, while experts think that a similar fluctuation may be experienced again.
Trump’s mutual customs duties policies
The White House confirmed that US President Donald Trump will enter into force immediately after the official announcement of new customs duties today (TSI 23:00). One of the most important policies of Donald Trump administration stands out as the tariffs implemented by the US trade partners. Although this move is presented as a response to the tariffs applied to its own property, its influence on the markets is quite large.
The US threatens to bring customs tariffs for large economies, including Russia, Canada, Mexico, China and the European Union. In response to these threats, the affected countries are also preparing to retaliate. Mexican President Claudia Sheinbaum said Trump will announce its own measures on April 3, in response to the tariffs that will be launched on April 2.
This trade war is expected to lead to major fluctuations in financial markets. Currently, the S&P 500 index has lost more than 2 %in the last five working days. A similar negative course is observed in Nasdaq Composite and Dow Jones indices. The correlation between the Bitcoin price and traditional financial markets is thought to have an impact on the price of BTC.
Bitcoin price is still in the process of self -adjusting
Bitcoin is traded for $ 85.186.47 with an increase of 3.44 %in the last 24 hours. However, the price of BTC on a weekly basis decreased by 2.79 %. During the presidency of Trump, the price of Bitcoin exhibited both positive and negative movements. Despite the positive developments, the BTC reached the highest level of all time with Trump’s office on January 20, with $ 109,114. However, the price decreased by more than 20 %from this summit.
Inflation is expected to increase due to trade war and mutual tariffs. This may cause the US Federal Reserve (FED) interest rates to change their policies. In case of reduced interest rates, the monetary expansion environment may increase the interest in Bitcoin and prepare the ground for the rise in the long term.
Factors that may affect BTC price
Although it started positively for Bitcoin in April, the uncertainties of trade in trade continue. However, there are hopeful developments in the markets about the future of Bitcoin.
The strategic Bitcoin reserves of the US government can prepare the ground for states adopting the BTC in the long run. In addition, corporate investors’ interest in Bitcoin continues to increase, which plays an important role in the supply-demand balance.
Despite fluctuations in the price of Bitcoin, leading analysts remain expectation of a long -term rise. Investors believe that existing levels offer a purchase opportunity and foresee a recovery in the near future.
