President Donald Trump’s sweeping tariff announcement on April 2 sent shockwaves through global financial markets, including cryptocurrencies.While Bitcoin initially rallied to $88,000 on rumors of a delay in the tariff measures, the news of steep levies caused the price to drop sharply to $82,000 before stabilizing around $83,000.The broader digital asset market shed over 4% in value within 24 hours, reflecting widespread uncertainty across asset classes.
Bitcoin’s Resilience Sparks Optimism
Despite the near-term volatility, analysts see a silver lining for Bitcoin investors. Valentin Fournier, Lead Analyst at BRN, noted that the clarity provided by Trump’s commerce policy could reduce uncertainty and create a buying opportunity. “Institutional buying pressure is returning as key catalysts align,” Fournier stated.He predicts Bitcoin will rebuild momentum and attempt to reach $90,000 in the near future.
David Hernandez, Crypto Investment Specialist at 21Shares, echoed this sentiment, emphasizing Bitcoin’s resilience compared to equities during the tariff fallout. Hernandez believes institutional investors may capitalize on compressed valuations now that speculation around trade policy has subsided. Supporting this outlook, U.S. spot Bitcoin exchange-traded funds saw $218 million in inflows on Wednesday—an encouraging sign of renewed interest among institutional players.
Volatility and Long-Term Adoption
While institutional adoption continues to grow, some experts argue that volatility remains an inherent feature of the crypto market.Thomas Perfumo, Global Economist at Kraken, explained that Bitcoin’s price swings are a natural consequence of its fixed supply meeting untapped demand. Perfumo believes this pattern will persist until mainstream adoption matures further.
“Volatility is neither good nor bad—it reflects the dynamics of a digitally scarce asset class,” Perfumo stated. He expects Bitcoin’s boom-and-bust cycles to continue for some time as adoption penetrates deeper into the early majority phase of the technology lifecycle.
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