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Nansen Analyst: Bitcoin May Continue to be Affected by Tariff News Until April 2, but Both US Stocks and Bitcoin Have Currently Stabilized at Lows
2025-03-12 19:39
BlockBeats News, March 12th, the EU's latest retaliatory tariffs have exacerbated macroeconomic uncertainty, prompting cryptocurrency analysts to predict increased Bitcoin price volatility.
Nansen's Chief Research Analyst Aurelie Barthere stated that both traditional and crypto markets may be constrained by tariff-related concerns until April 2nd. The tariff noise may persist beyond April 2nd, and reciprocal tariff announcements, along with subsequent negotiations, will dampen risk appetite.
Aurelie Barthere added, "Nevertheless, we observed yesterday that major U.S. stock indices and BTC were temporarily stable at their respective RSI lows, and we are monitoring this situation."
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2025-03-12
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