Highlights from the Crypto Daybook Americas
You are viewing Crypto Daybook Americas, a daily morning briefing on the latest happenings in the crypto markets. Subscribe to receive this in your inbox at 7 a.m. ET.
Key Updates
- President Trump’s “Liberation Day” brings anticipation and uncertainty to the markets, particularly around upcoming tariffs.
- Commerce Secretary Howard Lutnik may face scrutiny regarding potential aggressive tariffs amid recession fears in the U.S.
Market Overview
- Bitcoin (BTC) remains stable above $85,000 despite overall market caution, while U.S. equities saw positive closure on Tuesday.
- Projected GDP contraction by the Atlanta Fed indicates a challenging economic landscape, worsened by the potential tariffs upcoming at 4 p.m. today.
Bitcoin Insights
- Currently trading 25% below January’s high of $109,000. Its resilience compared to past performances shows growth despite fluctuations.
- Tariff implications could impact market stability and Bitcoin’s trajectory; traders are advised to monitor developments closely.
Upcoming Events
- April 2: U.S. House Financial Services Committee hearing on critical measures affecting the crypto landscape.
- April 2: Anticipated launch by XIONMarkets.
- April 4-10: A series of conferences, including CoinDesk’s Consensus in Toronto happening on May 14-16.
Stay tuned for more insights as events unfold.
