Forex Market Overview All market | Anton Bykov 6 April 2025

04.04.2025 11:04

Weekly Summary: China Tariffs on U.S., NFP and Powell. Markets Are Bleeding

S&P 500 broad market index futures plunged 5.9% to 5,247 points this week, reaching their lowest level since August 2024, as escalating trade tensions between the U.S. and China sent markets into turmoil. In response to U.S. President Donald Trump's reciprocal tariffs, China retaliated with a 34% levy on all U.S. imports, effective April 10, the day after the U.S. tariffs on Chinese goods take effect. This escalation has thrown the stock market into chaos, with the S&P 500 now targeting extreme downside levels at 4,900–5,000 points.

02.04.2025 10:04

Crypto Week: Trump Paused BTC Rally, “Liberation Day” Is Today

Anton Bykov

Bitcoin (BTC) is up 2.0% this week to $84,081, slightly retreating from a 4.0% rise on April 1, when it briefly hit $85,466 on speculation of a softer-than-expected tariff introduction. April 2, dubbed "Liberation Day," marks U.S. President Donald Trump's planned imposition of reciprocal tariffs on all nations that levy duties on U.S. exports. The worst-case scenario suggests a blanket 20% tariff on all U.S. imports, while a more optimistic outlook involves a framework of individual tariffs. These possibilities emerged as BTC traded at $82,500, momentarily easing market pressure.

31.03.2025 10:03

Weekly Focus: Trump’s Worldwide Tariffs, Nonfarm Payrolls and Powell

Anton Bykov

The S&P 500 broad market index futures are down 0.45% to 5,531 points this Monday, following a sharp 2.40% drop on Friday, signalling a critical situation. The benchmark has shifted to a downside formation, targeting 5,360–5,460 points, but the real downside driver—U.S. trade policy—has yet to be fully priced in. President Donald Trump has reaffirmed plans to introduce reciprocal tariffs on every nation imposing tariffs on U.S. goods, with no exceptions.

26.03.2025 09:03

Crypto Week: ETF Inflows, Strong April and Many Positive News

Anton Bykov

Bitcoin (BTC) is up 3.7% this week to $88,127, approaching the key resistance zone at $89,000–$91,000. A breakout above this level could reignite Bitcoin’s rally, with market players speculating on a potential spike to $110,000 in the near future. Optimism has been fueled by the Federal Reserve’s decision to slow its balance sheet drawdown from $25 billion to $5 billion per month starting April 1. For the bullish scenario to play out, BTC must decisively clear the $91,000 resistance. The upcoming Core PCE Index release this Friday could act as a catalyst.

21.03.2025 11:03

Weekly Summary: Fed Reversed Stocks, Investors Still Nervous

Anton Bykov

S&P 500 futures are rising by 0.33% to 5,648 points, but the upside remains unsteady after the benchmark pulled back from Wednesday’s high of 5,716 points. Despite a market reversal following the Federal Reserve’s meeting, investor sentiment remains cautious, with some resuming sell-offs. Fed Chair Jerome Powell moved to support markets after U.S. President Donald Trump and Treasury Secretary Scott Bessent blamed the central bank for the recent market correction and economic slowdown.

19.03.2025 10:03

Crypto Week: Capitulation, Negative Sentiment and Beacons of Hope by the Fed

Anton Bykov

Bitcoin (BTC) is rising by 0.72% to $83,373, recovering from Tuesday’s low of $81,112. However, the market appears directionless, with many traders convinced that the uptrend has come to an end. CryptoQuant CEO Ki Young Ju warns that Bitcoin’s bull cycle might be over, predicting a bearish or sideways trend for the next 6 to 12 months based on technical indicators. Concerns about a potential recession are also weighing on sentiment, with ARK Invest’s Cathie Wood expressing worries that U.S. President Donald Trump’s tariff policies could trigger an economic downturn.

17.03.2025 10:03

Weekly Focus: S&P 500 Rebound, Bessent Disclaimer and Fed Meeting

Anton Bykov

S&P 500 futures are slipping by 0.24% to 5,611 points on Monday after a strong rebound last Friday, when the index climbed 1.68% to 5,622 points. While the recovery could resume, investors are currently digesting remarks from U.S. Treasury Secretary Scott Bessent regarding market corrections. “I can tell you that corrections are healthy. They’re normal,” he stated late Sunday, while also acknowledging the possibility of a U.S. recession.

12.03.2025 11:03

Crypto Week: Retail Investors Are Close to Capitulation

Anton Bykov

Bitcoin (BTC) is up 0.88% to $82,560 this week, recovering from a sharp decline of 6.2% to $76,559 on Tuesday—the lowest level since November 10, 2024. The market rebounded after U.S. President Donald Trump postponed the doubling of tariffs on Canadian steel and aluminum for six months while keeping planned increases for other countries. Investors interpreted this as a possible sign that Bitcoin’s correction could be nearing its end. However, some institutional analysts suggest further downside potential.

10.03.2025 11:03

Weekly Focus: U.S. Stocks Need Inflation to Continue Declining

Anton Bykov

S&P 500 broad market index futures are down by 0.51% to 5,725 points this week, following a steep 4.76% decline last Friday when the benchmark hit 5,664 points, its lowest level since September 19, 2024. The Trump-driven rally has been completely erased. Stocks rebounded later in the day, closing Friday with a modest 0.19% gain but still recording a significant 3.0% weekly decline. Market participants are closely watching the key support level at 5,720–5,740 points. If this level is breached, the index could plunge towards extreme downside targets of 5,300–5,400 points.

05.03.2025 12:03

Crypto Week: Let the Gloomy March Shine

Anton Bykov

Bitcoin (BTC) is down 6.6% this week to $87,837, recovering from a low of $81,425 on Tuesday—the weakest level since February 28. The crypto market was initially lifted by U.S. President Donald Trump’s announcement of a U.S. crypto reserve plan on Sunday, which proposed including Bitcoin, Ethereum (ETH), Ripple (XRP), Cardano (ADA), and Solana (SOL). These altcoins surged 10–70% on the news. However, the rally was short-lived as markets tumbled on Tuesday following Trump's imposition of elevated tariffs on Mexico, Canada, and China.