U.S. President Donald Trump’s latest tariff announcement sent the stock market tumbling, reigniting macroeconomic uncertainty. While Bitcoin remained resilient through Liberation Day, it began correcting on Sunday—likely in anticipation of Monday’s equity selloff.
The stock market nosedived globally, signaling rising investor anxiety, while the U.S. 10-year Treasury yields fell below 4%, aligning with expected flight-to-safety behavior. Technically, Bitcoin’s next support lies around $72K—an area that may attract long-term buyers.
Fundamentally, the outlook remains strong, as hashrate, which measures how much computing power is used to run and protect the network, reaches all-time highs. The higher the network’s hashing power, the more secure it becomes.
Moreover, regulatory clarity is improving, and institutional adoption is accelerating, which is a positive signal for the crypto industry. In our view, this correction may mark a historic opportunity to accumulate.
On April 2, the declared "Liberation Day," markets were rocked by a major policy announcement from President Donald Trump, who revealed a sweeping new tariff plan: a baseline 10% tariff on imports from over 50 countries, potentially rising to 50% to mirror foreign rates on U.S. goods. The policy begins April 5, with full reciprocation by April 9.
Federal Reserve Chair Jerome Powell expects Trump’s tariffs to raise inflation and lower growth, as he reiterated to journalists on April 4. Powell indicated the Fed will hold off on changing interest rates until the full impact becomes clearer. With recession fears looming, the odds of three rate cuts this year are increasing on the CME Watch Tool, with the first one likely happening in June.
As the only asset class that trades 24/7/365, crypto often acts as the first outlet for investor sentiment during periods of uncertainty, especially when traditional markets are closed. In such moments, Bitcoin tends to be the first sleeve of a portfolio to be sold, given its deep liquidity and its association with higher-risk assets, much like tech stocks or venture capital allocations.
Looking ahead, global reactions will be critical. Key trading partners—including Mexico, China, South Korea, and Japan—may soon unveil retaliatory measures, potentially shaping the next chapter in this unfolding economic story.
