XRP Price Analysis: How Trump’s Tariff Threats Impacted Market Dynamics and Triggered a Rebound

On April 9th, COINOTAG reported significant developments in the crypto market influenced by heightened geopolitical tensions and economic policy shifts. Following the recent **tariff threats** from former President Trump, the **US Treasury market** experienced notable volatility, leading to an unwinding of **basis trading**. This environment saw long-term **yields** spike rapidly, reflecting investor anxiety. On April 7th, the digital asset XRP momentarily fell to **$1.61**. However, the sentiment shifted positively during the Asian session on April 8th, propelled by digesting of Trump’s policies and optimistic **ETF** news, resulting in a rebound to **$2**. Analysts from Bitunix indicate that the unwinding momentum could sustain **safe-haven investments**’ oscillations within the crypto space. Monitoring XRP’s performance within the critical **$1.74 to $2 range** will be essential for traders, emphasizing the importance of strategic risk management as market dynamics evolve.