We Think Crypto Will Look Through EU Tariff Threats, Golden Cross Signals Higher

Unlike in Q1/early Q2, today’s trade news doesn’t yet warrant a more cautious stance. Trump’s surprise call for 50% EU tariffs briefly pressured crypto, but risk gauges remained calm, and Bitcoin held up relatively well. Strength in high-yield credit, a steady VIX, a firm SOL/BTC ratio, and a fresh Bitcoin golden cross all suggest bulls are still in control. With deficits back in focus and gold rallying, the macro backdrop remains supportive for crypto heading into Memorial Day.

Tickers in this video: BTC -1.59%