Markets on Edge as Trump Prepares Tariff Announcement
Investors are bracing for potential market swings as President Donald Trump prepares to unveil his “Liberation Day” tariff plan. The announcement, set for 4 p.m. ET, could reshape trade relations with key partners like China, Mexico, and Canada.
Bitfinex analysts warn that the specifics of the tariffs could lead to either a relief rally or a deeper market correction.The proposed measures include delayed 25% tariffs and new duties on items like lumber, copper, and microchips.
“Markets are trying to predict the outcome, but the details are still unclear,” Bitfinex analysts noted. If the tariffs align with expectations—around 12–20% and targeting a few countries—markets might react positively. This could benefit risk assets like equities and Bitcoin (BTC).
However, if the tariffs are more extensive or paired with aggressive rhetoric, Bitfinex expects a renewed de-risking. “Bitcoin, closely tied to macro and equity indices, may follow equities lower,” they cautioned.
Key indicators to watch include Bitcoin’s trading range of $78,000–$88,000, spot ETF outflows, and equity performance in tech and consumer sectors. Altcoins may underperform, boosting Bitcoin dominance.
“This announcement is a major Q2 catalyst,” Bitfinex stated. “Expect high volatility for the next 24–48 hours.”
