Trumphas been calling April 2 “Liberation Day” for weeks, arguing that tariffs will significantly benefit the economy. However, both U.S. stock markets and inflation indicators currently suggest otherwise. The stock market is opening lower while inflation metrics raise concerns. Meanwhile, the Fed continues to delay interest rate cuts. What are the expectations of experts in this uncertain climate?
The Significance of Liberation Day for Crypto
Earlier today, Trump reiterated his “Liberation Day” message on his official X account. For traders, this is a day filled with fear and panic. However, we are in crucial hours that will be vital for eliminating uncertainty and understanding the scale of the tariffs. The markets have overly priced in fear due to these tariffs.
Now, we will see the announced tariffs that may balance the overly priced fear. If Trump does not announce something drastic and maintains the balance, it could ease investors’ anxiety. Conversely, if he takes an unexpected action, it could upend the market.
Kyle comments that while today’s focus is on tariffs, other significant developments are being overlooked.
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Cryptoand markets face another wild day.
– Eric Trump describes Bitcoin
$86,421 as “one of the greatest stores of value.”
– GME raises $1.48 billion – what are they doing?
– Metaplanet continues accumulating with 160 more BTC.
– Minnesota aims to join – new legislation might allow state investment in Bitcoin andcrypto.
– BlackRock registers as a crypto asset firm in the UK.
– Elon Musk resigns fromDOGEpresidency (wait… what?)
– VanEck applies for a $BNBETF in Delaware.
– Since Eric Trump’s support for $BTC, $ETH has dropped 35%.
– Circle’s IPO is on the agenda.” – Kyle
Jelle shares a graph, indicating that the time for a breakthrough has arrived. Notably, amidst prolonged uncertainty, the outlook for cryptocurrencies appears relatively better.
“I find it ironic that the first pro-crypto president is having the worst start for #Bitcoin during his presidency. Significant tariff news is expected tonight. Will Trump be able to turn things around today?”
How Low Will Solana (SOL) Drop?
As altcoins continue to weaken, BTC tested $86,000 while this article was being prepared. Is this rise just a precursor to a significant drop? Only time will tell. Ali Martinez shared the following graph, warning about key support levels regarding Solana 
$129’s ongoing decline. 
A loss of the $120 region could lead to sales down to the $60 levels.
