Crypto's Rebound Following Tariff Announcements is Encouraging
In today’s video, we explore the lack of a market reaction to new steel and aluminum tariff announcements and what that could mean for crypto’s short-term outlook. We also discuss whether the market is finally in the clear regarding tariff-driven volatility before breaking down Bloomberg’s latest ETF analysis, which suggests LTC could be the next crypto spot ETF to earn regulatory approval.
Tickers in this video: BTC -0.33%
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CORE STRATEGY With the looming threat of an escalating trade war and economic data robust enough to discourage a more dovish Fed stance, we believe the upside risk for the DXY and yields has increased in Q1. Moreover, the market remains highly volatile and headline-driven, inhibiting the crypto market from gaining meaningful momentum. While regulatory developments are a key medium- to a long-term tailwind for crypto, it is unlikely that...
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