Analysts Discuss Trump Tariff Fallout for Crypto, Remain Divided Over Future Direction
- Market sentiment remains fearful after Trump’s tariff announcements, with analysts split on whether the bottom is in or more pain is ahead.
- Raoul Pal of RealVision remains bullish despite the chaos, suggesting investors prepare cash to “buy the dip” as he believes the bull market is far from over.
- Asian and Australian markets opened deep in the red on Monday, with Taiwan’s index dropping nearly 10%, the Nikkei falling 7.35%, and ASX 200 losing 4%.
- Bitcoin and Ethereum ETFs continue to see outflows, with Ether funds experiencing three consecutive days of net outflows totalling US$58.5 million and Bitcoin funds losing US$164.7 million on Thursday and Friday.
Following the market crash post Trump’s…
