Bitcoin’s Resilience: How Tariffs and Economic Uncertainty are Shaping its Path to New All-Time Highs

As reported by COINOTAG on April 2nd, the **crypto market** continues to show sensitivity to shifts in **traditional assets**, with factors like macroeconomic instability playing a significant role. Investors are increasingly cautious due to concerns surrounding tariffs imposed by the United States on foreign imports, which have sparked fears of a **global recession**. In this climate, many crypto investors are avoiding assets perceived as higher risk, contributing to wider market fluctuations.

Marc Ostwald, the Chief Economist and Global Strategist at ADM Investor Services International, noted that these developments are closely tied to the overall **risk appetite** within the market. He highlighted a notable **divergence** between cryptocurrencies and gold, the latter remaining the favored choice for investors seeking a **safe haven** amid uncertainty.

Former Goldman Sachs macroeconomist, Pandl, remarked that tariffs could potentially elevate the demand for non-dollar currencies, thereby diminishing the **dominance** of the US dollar. This shift may provide new opportunities for Bitcoin and its peers. Although short-term **prices** have taken a hit, the initial months of the current administration have fortified Bitcoin’s long-term standing as a pivotal **monetary asset**. Despite prevailing market pessimism, Pandl maintains a bullish outlook, believing that Bitcoin may achieve a new **all-time high** within the year.