Grayscale executives: Tariff impact may have been factored in, crypto market may return to fundamentals

Odaily News Zach Pandl, head of Grayscale research, said that the negative impact of tariffs on cryptocurrencies may have been "priced in" by the market, and the worst stage may have passed. He believes that if the tariff policy announced by Trump on April 2 is tough but implemented in stages and focused on 15 target countries, the market may rebound, and the crypto market may also refocus on positive fundamentals. In addition, Pandl also pointed out that tariffs will increase the market's interest in non-US dollar assets, which is good for alternative currency assets including Bitcoin. (CoinDesk)