This April 2, the “Liberation Day” announced by Donald Trump does not rhyme with economic release. On the contrary. Between global scholarships at half mast and an exsangue crypto market, it is a global shock wave that shakes investors. Promise of recovery during the campaign, the crypto is now undergoing the storm of American customs tariffs. Far from a Bull Market, the bear rumbles.
More than 130 billion lost: the hemorrhage hits the Crypto market headlines
For the past few days, the crypto bleeding white. In just one week, the market has seen its capitalization melt $ 131 billion. A brutal fall that places total capitalization at 2,360 billion dollars, its lowest level since early March.
Bitcoin (BTC) is not spared: he has even seen his worst quarterly fence since 2018. He slips under 82,000 dollars, signing a drop of 6 % in 7 days. Same trend for Ethereum (ETH), back 14 %.
The more vulnerable altcoins are laminated. The Solana (soil) gives in 11.6 %, when the Ripple (XRP) fell by 16.8 %. The whole market is in red, further pushing the hopes of a restart.
This descent into hell Recalls another black period. On March 1, the analyst @Defitracer wrote:
The Crypto market has lost $ 650 billion in a few days… Sol under 10 dollars, BTC -30 %.
An early warning, which some had ignored.
This new Bear Market wave installs an unprecedented climate of tension. The slightest presidential tweet or suspicion of a price causes panic.
Will the Crypto market stop the hemorrhage in time?
A clear cause: Trump prices and generalized uncertainty
At the origin of this earthquake: the announcement of a Massive strengthening of customs tariffs by the United States. According to The Kobeissi Letter, the team of Trump envisages ” a general increase in prices up to 20 % ». And to prevent:
April 2 is not the end of price uncertainty.
On the contrary.
The threat is concrete. It affects more than $ 400 billion in imports from targeted countries. A trade war is emerging, and investors are retreating. Risky assets, such as cryptocurrencies, become the first victims of this instability.
The flows to the Crypto ETF mark a brutal break. Fidelity, for example, recorded a net output of $ 93 million. The whales, they reduce their exhibition. Result: a tension on prices and confidence at half mast.
Besides, the reaction is not limited to crypto. Tech actions tumble, gold climbs and the dollar runs out of steam. The domino effect leaves no market intact.
How to restore confidence if the pricing policy becomes a lever for global economic instability?
Saylor believes in the future of Bitcoin, despite the pricing tumult
In this ambient slump, a voice persists in believing in the future of the crypto. That of Michael Saylor, executive president of Strategy. He does not see a crisis, but an opportunity. His conviction? Bitcoin will one day reach a capitalization of $ 500,000 billion.
According to him, the BTC will capture 5 to 7 % of world capital. It will replace gold, real estate and other refuge values. It even predicts a price of bitcoin reaching $ 13 million by 2045. A daring scenario, but not without foundation: the annual BTC yield over the last 13 years exceeds 44 %.
He also recalls that periods of crisis strengthen the rarity of Bitcoin. “” Less than 21 million units will never be issued “, He repeats. For him, prices, sanctions and chaotic economic policies only confirm the interest of the crypto as a sovereign active.
- BTC drops to $ 66,000 (-6 %);
- ETH lost 7.3 %, XRP 6.3 %;
- The soil collapsed by 13.7 %;
- $ 131 billion lost in a week;
- $ 93 million withdrawn from ETF Crypto (Fidelity).
Can the Crypto market still suck in this grandiose destiny or will it sink into prolonged uncertainty?
Beyond the fall of assets, it is the volume of exchange that collapses. From the post-electoral heights, it has declined by 70 %. This decline questions. What remains of a crypto market without liquidity, without dynamics, without conviction? Disinterest, even more than devaluation, is the real threat for the coming months.
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