Bitcoin Faces Cautious optimism Amid Tariff Pause
While President Trump’s tariff pause offered some market relief, traders remain hesitant about risk assets. Crypto markets are stuck between cautious optimism and uncertainty.
Bitfinex analysts told crypto.news that the 90-day tariff pause is merely a temporary break, not a long-term solution. This has kept investors wary of riskier assets like Bitcoin. “Trump’s tariff pause is a delay, not a resolution,” they noted. “Investors know tariff threats are still on the table.”
Bitcoin’s trading has been flat, and ETF flows are low. As of April 10, ETFs saw their sixth day of negative flows, totaling $149 million. The biggest outflow was on April 8, with $326 million leaving Bitcoin ETFs.
Bitfinex believes crypto assets may underperform equities until a new catalyst emerges.Possible drivers include a dovish Fed pivot or more crypto liquidity. “Crypto could underperform equities until we see concrete signals like a Fed tone shift or better liquidity,” they saeid.
Trump’s pressure on Fed Chair Jerome Powell to cut rates could bring relief. though, rising inflation fears may keep the Fed on its current path unless there’s a leadership change.A recent Supreme Court decision allows Trump to oust officials from independent agencies, hinting Powell could be next.
