Macro Factors Could Signal Crypto Market Bottom by June
Nansen Research believes that upcoming macroeconomic events could indicate a crypto market bottom between April and June. The firm’s principal researcher, Aurelie Barthere, shared this outlook on April 1, 2025.
This week, dubbed “Liberation Week,” will feature significant data releases and policy announcements. Investors will closely watch the Federal Reserve’s policy, tariffs, and U.S.growth signals like manufacturing and jobs data.
barthere highlighted that this week’s events could influence Bitcoin (BTC) and other cryptocurrencies. the Federal Reserve’s policy, along with potential political announcements, will be crucial. Tariffs and U.S. economic indicators are key.Recent 25% auto tariffs and possible reciprocal tariffs are causing market jitters. However, constructive negotiations and concessions from major economies could bring positivity. The Fed’s stance on rate cuts is also vital. Fed Chair Jerome Powell’s speech on Friday is anticipated to clarify the likelihood of three rate cuts this year. A dovish stance from Powell could boost market sentiment.
Employment data,including non-farm payroll numbers,will be closely monitored. A balanced Fed approach and positive economic data could stabilize markets. Tariffs remain a concern, but flexible negotiations could ease tensions. Powell’s speech on Friday is expected to address growth concerns and the possibility of rate cuts.
For the crypto market, a balanced Fed approach and positive economic data could be beneficial. Non-farm payroll numbers and unemployment rates will be key. A balanced Fed approach and positive economic data could stabilize markets.Non-farm payroll numbers and unemployment rates will be key.A balanced Fed approach and positive economic data could stabilize markets. Non-farm payroll numbers and unemployment rates will be key.
Technical indicators for BTC are not encouraging, with price failing to break above the 200-day moving average. Altcoins are also in sell-off mode, with most posting dead crosses to suggest a fragile market sentiment that will fancy any “good news”.
Nansen sees a positive outlook this week as one that will confirm the analytics platform’s 70% probability that crypto will track a bottom between April and June.
