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Crypto Market on Edge: Analysts Split Over Trump Tariff Threat and Lingering Turbulence
- Bitcoin experienced a 3% weekly gain rallying from around US$84k to approximately US$88k.
- The Fear & Greed Index indicates the market is in Fear, slowly trending upwards.
- Investors are observing potential impacts of tariffs and trade tensions on various economic sectors.
- Analysts like Arthur Hayes emphasize that the Federal Reserve's monetary policy is more critical than tariffs.
- Options markets are currently showing a cautiously optimistic outlook without pricing major risk events for the coming quarter.
- Trump's tariff threats have caused market uncertainty and fears of an escalating trade war.
- The target of tariffs has shifted from China to close allies like the EU, Mexico, and Canada.
- Different opinions exist on the impact of tariffs, with some suggesting that they may not have as significant an effect as feared.
- Arthur Hayes believes that tariffs are transitory and that the US Fed's monetary policy decisions will have a more substantial impact.
- Despite macroeconomic uncertainty, there is cautious optimism in the crypto market with options markets not pricing in major risk events for the upcoming quarter.
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