Cryptocurrency Market Sees Potential Turning Point Amidst Trump's Tariff Reversal
The cryptocurrency market has been experiencing a prolonged period of decline, with five consecutive weeks of losses since October 2025. Recent data from Santiment indicates that this trend may be reversing, with the potential impact of Trump's tariffs being considered a turning point.
The removal or reduction of these tariffs could provide relief to affected companies and potentially ease pressure on the market. Analysts do not expect an immediate surge in prices but see it as positive news for the long term.
Bitcoin's price has been steadily declining since its record high in October, losing between $10,000 to $15,000 per month on average. The 30-day MVRV ratio is below -6%, indicating that investors are at a loss and may be due for an upward 'relief rally.'