Cryptocurrency and equities markets have entered into a “new phase of the trade war, amid the ongoing tariff increases between the United States and China.
World War Ideal Concerns intensify on April 15 after the White House Na -Published A fact sheet that states that Chinese imports can be touched by tariffs of up to 245%.
Penalties include a “125% reward tariff, a 20% tariff to meet the fentanyl crisis, and section 301 tariffs on specific goods, between 7.5% and 100%,” according to the White House.
Crypto, tech stocks and other “expensive possessions” have entered into a “new phase” of the global trade war in response to the latest increase, according to Aurelie Barthere, chief research analyst on the Crypto Intelligence Platform Platform.
“We are in a new phase of the trade war, with a focus on high-value sectors, tech (and pharma), and the zero in US-China,” the analyst told Cointelegraph, adding:
“Until and if we find a resolution of the US-China conflict (a leader chooses the phone and gives some concessions to the rest), we are faced with the ultimate properties of danger.”
“I also think this situation is negative for inequality,” Barthere said. US and Crypto equality has been “highly connected” since November 2024, which has risen to the downside during the current market correction, as “investors de-risk, especially expensive properties,” he added.
Related: Bitcoin’s safe appeal is growing during the uncertainty in the trade war
The recovery of global equality and cryptocurrency markets depends on the tone of global tariff negotiations, with a 70% chance under By June 2025 before recovery, Nansen’s analysts were previously predicted.
China recently appointed a new trading businessman, Li Chenggang, a former commerce minister minister in the first supervision of President Donald Trump.
Chenggang is characterized as a “very intense” business experienced in dealing with US officials, Reuters reported On April 16, citing an unnamed resource in the “foreign business community in Beijing.
Related: Trump’s tariff increase exposes ‘deeper fractures’ to the global financial system
Eyes on Powell’s next move
As tensions are rising next to inflation -related concerns, all eyes are in Jerome Powell’s US Federal Reserve Chair at the upcoming meeting of the Next Federal Open Market Committee (FOMC) on May 6.
“Markets are on the side for any signal that the Fed may delay rate cuts due to adhesive inflation or increased geopolitical risk,” analysts from the Bitfinex Exchange to the cointelegraph, added that if Powell is leaning on Hawkish, the risk assets like bitcoin can see the downside:
“A neutral or balanced tone can calm the markets than they already have in the past week along with some signficant recovers at many risk possession and especially crypto where many lower market cap assets have moved 30-40% from lows.”
“Crypto responds to Macro news not because the grounds have changed, but because the positioning is thin and the confidence is sensitive,” the analysts added.
https://www.youtube.com/watch?v=-_Q8KQRIDXA
Magazine: The bitcoin ath earlier than expected? XRP can drop 40%, and more: Hodler’s Digest, March 23–29
