70% chance of crypto bottoming before June amid trade fears: Nansen

The cryptocurrency market may see a local bottom in the next two months amid global uncertainty over ongoing import tariff negotiations, which have been limiting investor sentiment in both traditional and digital markets. US President Donald Trump is set to detail on April 2 his reciprocal import tariffs, measures aimed at reducing the country’s estimated trade deficit of $1. 2 trillion in goods and boosting domestic manufacturing.  While global markets took a hit from the first tariff announcement, there is a 70% chance for cryptocurrency valuations to find their bottom by June, according to Aurelie Barthere, principal research analyst at the Nansen crypto intelligence platform source: https://cointelegraph.com/news/crypto-market-bottom-june-trump-tariffs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound