The ongoing trade conflict and negotiations between China and the United States indicate a persistent state of impasse. While China appears to be making progress towards an agreement, the U.S.’s hesitation is dragging Europe into a climate of uncertainty. A meeting that took place on Tuesday, April 15, during the open hours of U.S. Midwest financial markets did not alter this landscape. The two-hour discussion between European Union Trade Chief Maroš Šefčovič and U.S. Secretary of Commerce Howard Lutnick yielded no significant developments. The Euro experienced a slight appreciation against the U.S. dollar.
Market Anxiety Continues to Rise
The ongoing trade talks have shaken investor confidence, particularly in major U.S. and European exchanges. JPMorgan Chase CEO Jamie Dimon argued on Tuesday that the U.S. must revert to constructive dialogue with China. He stated, “Decoupling from China should not be the goal,” emphasizing that severing global economic ties would be detrimental.

Disruptions in global supply chains are particularly increasing inflation risks in the U.S. This scenario is fostering greater uncertainty among investors. Simultaneously, critical stock indices such as the Dollar Index (DXY), Dow Jones, and S&P 500 are trending downward due to their weak performances.
Institutional Capital Flows to Bitcoin
The cryptocurrency market is solidifying its long-term narrative, increasingly assuming the role of a safe haven during these periods of global tension. Recent data indicates that, alongside a rising interest in gold, institutional investors have begun shifting their capital towards the cryptocurrency market. This trend has positively impacted Bitcoin $95,028, particularly.
According to IntoTheBlock data, over $467 million of BTC was withdrawn from cryptocurrency exchanges in the past 24 hours. This activity resembles the accumulation phase seen before the rally in March 2024. However, the market is still not characterized by intense “frenzied speculation.” Noted investor Peter Brandt has cautioned that he has not yet observed a clear price reversal signal for Bitcoin on the daily timeframe.
Technical indicators suggest that a positive reversal formation may arise in the second half of the year following a possible horizontal consolidation.