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Analyst: The crypto market may see a buying opportunity after Trump's implementation of reciprocal tariffs, and BTC may rise to $90,000.
Odaily News The Kobeissi Letter analysis states that shortly after Trump announced the most severe tariff measures in U.S. history, the S&P 500 index futures fell by more than 2%, with a market capitalization evaporating by over $2 trillion. Driven by rumors of delayed tariffs, Bitcoin rose to about $88,000 before the news was released. After the tariff news was announced, BTC quickly pulled back its gains, falling to $82,000. BRN Chief Analyst Valentin Fournier believes that despite Trump's massive tariffs shaking almost all financial markets, the much-anticipated clarification of U.S. trade policy has created buying opportunities as uncertainty is fading. Despite recent volatility, uncertainty is decreasing, and institutional buying pressure is rising. With the synergistic effect of key catalysts, we expect Bitcoin to rebuild momentum and attempt $90,000 again in the near future. (The Block)