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Bitcoin bulls’ biggest threat is 2-month ‘tariff ultimatums’ trap: Analyst

cryptoweekly by cryptoweekly
June 5, 2025
in bitcoin, News
0

An end to the “tariff sabre rattling” may see Bitcoin rallying to $120,000 this month, Swyftx lead analyst Pav Hundal tells Cointelegraph.

The ongoing loop of tariff uncertainty from US President Donald Trump is the most significant risk for those betting big on Bitcoin over the next two months, a crypto analyst warns.

“The biggest threat to bulls right now is that nothing changes over the next two months, and we just stay trapped in this cycle of endless tariff ultimatums,” Swyftx lead analyst Pav Hundal told Cointelegraph.

Hundal said there is a risk that US policymakers delay monetary easing until they get “hard data” on the impact of Trump’s tariffs, which would risk a “growth slowdown.” 

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Recent Posts
  • SEC wins $1.1M as alleged crypto conman a no-show in court
  • Bitcoin bulls’ biggest threat is 2-month ‘tariff ultimatums’ trap: Analyst
  • Crypto.com sues Nevada gaming body over block on sports event contracts
  • Alleged French crypto kidnapping mastermind arrested in Morocco
  • Ukraine arrests man for breaching hosting accounts to mine crypto
  • Bitcoin eyes $115K by July, but strong US job data to threaten rally: Analysts
  • Ethereum Foundation says next 18 months ‘pivotal’ amid new treasury policy

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