Nansen research analyst Nicolai Sondergaard has warned that ongoing global tariff concerns will keep cryptocurrency markets under pressure until at least April 2. Despite the positive developments in the crypto space, macroeconomic factors continue to have a significant impact on investor sentiment. Looking beyond that date, the situation remains uncertain and largely depends on whether global economies can reach agreement on tariffs, he noted. “I'm looking forward to seeing what happens with the tariffs from April 2. Maybe we'll see some of them cancelled, but it depends on whether all the countries can agree. That's the biggest driver right now,” he said. Related News: International Monetary Fund (IMF) Announces Surprise Change Concerning Bitcoin and Altcoins Sondergaard also noted that risk assets, including cryptocurrencies, could experience a period of stagnation until concerns about tariffs are resolved. He predicted that this resolution could occur between April and July and could potentially act as a positive catalyst for market movement. In addition to trade policies, Sondergaard pointed to higher interest rates as another major factor dampening investors’ risk appetite. Until the U.S. Federal Reserve signals a shift in monetary policy, crypto and other speculative assets could continue to face headwinds. *This is not investment advice. Continue Reading: Research Company Official: “Bitcoin and Cryptocurrency Markets Will Remain Under Pressure Until This Date”
