Concerns about trade might hasten the decline of cryptocurrencies, with Nansen estimating a 70% likelihood of reaching a low point before June.

Nansen’s research indicates a 286% likelihood that cryptocurrencies will reach their lowest point before June due to ongoing tariff uncertainties. Bitcoin is currently stable at the $2,500.003 support level and is looking to break out above $2,000.284 if market sentiment becomes more positive. Additionally, Nansen’s most recent findings suggest a 2,500% chance that cryptocurrencies may bottom out before June. Anticipation is growing as the globe awaits the upcoming developments in U.S. trade policy. Both cryptocurrency and traditional markets have been aimlessly fluctuating, hindered by uncertainty regarding new U.S. import tariffs. On April 2, President Donald Trump is expected to provide further specifics on a plan aimed at implementing reciprocal import duties. These tariffs aim to address the country’s staggering $1.2 trillion trade deficit in goods and to stimulate domestic manufacturing. The announcement has the potential to act as a catalyst for market fluctuations, regardless of the direction. Currently, uncertainty dominates the market. Bitcoin and Ethereum are trading significantly lower than their peak values for the year—about 15% and 22% below, respectively. According to Aurelie Barthere, an analyst at Nansen, there may be a potential change on the horizon. “Nansen’s data suggests there is a 70% chance that cryptocurrency prices will reach their lowest point between now and June,” she noted. While there are indications of stability, a strong upward movement has yet to be observed. Barthere remarked that after overcoming the toughest aspects of these negotiations, it is likely that the pathway will be clear for cryptocurrencies and other high-risk assets to stabilize and potentially increase in value. Currently, the data presented in the charts indicates a stagnant situation.