Bitcoin (BTC) and Pay Attention to Altcoins on April 2nd! What Will Happen Will Be Determined by Donald Trump! Pump or Dump?

The latest development regarding the customs tariffs used by President Donald Trump as a leverage against other countries shows signs of easing.

At this point, the cryptocurrency market is experiencing a quiet upward trend supported by the US government’s softer tariff approach and the FED’s more moderate stance.

However, K33 Research analysts warned that volatility in cryptocurrencies could increase ahead of Trump’s expected announcement of tariffs on April 2.

According to The Block, K33 Research analysts Vetle Lunde and David Zimmerman stated that Trump will announce a customs tax on April 2, referred to as “Day of Salvation,” and that cryptocurrencies may face high volatility up to that date.

At this point, K33 analysts stated that the direction of Bitcoin (BTC) and altcoins will depend on Donald Trump’s stance.

According to analysts, if Trump adopts a softer approach to tariffs, it could raise prices, but a tough stance could lead to major sell-offs and declines like in the past.

"It seems that the most serious risk reduction process has occurred in Bitcoin, and the market is now returning to a wait-and-see approach.

While CME investors remain relatively passive and defensive, offshore investors are somewhat more optimistic but not in full bull sentiment.

April 2nd appears as a critical date when Trump will explain his customs duties. If Trump softens his stance, the markets may recover. If uncertainty persists, volatility could negatively affect both long and short positions.

If a tough stance is taken, a sharp decline is likely similar to past decreases in tariffs.