Top analyst warns of potential market crash on Liberation Day
Markets brace for turbulence
Well-known analyst and social media personality Alex Krüger has warned that U.S. President Donald Trump's upcoming tariff announcement on April 2 could trigger extreme volatility across global markets — and crypto won't be spared.
Trump is expected to unveil a new set of tariffs on April 2, a date his administration has been branding for over a month as “Liberation Day,” suggesting a shift toward a fairer trade policy that would bring significant benefits to the U.S. economy.
Recently, the White House has attempted to calm markets by stating that the tariff package will be smaller and more targeted than initially expected. However, Krüger believes April 2 will be “10x more important than any FOMC meeting,” adding on X that the announcement is “as important as election night.”
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Markets brace for turbulence
“Trump could back off, and in that case, markets will rally quickly and sharply. Or he could go halfway, adding uncertainty around timing, which would wipe out both long and short positions. Or he could go all-in — and in that case, markets could easily crash another 10–15%,” Krüger wrote.
He added that even in the best-case scenario, Trump would likely engage in tough negotiations, with tariffs gradually reduced. But the peak of market stress may occur in the second week of April, coinciding with U.S. Tax Day.
“While the U.S. economy remains strong, it will likely slow due to the tariffs, no matter which path Trump chooses. Every economist already expects a significant economic slowdown by year-end — which means it’s largely priced in,” Krüger noted.
He promised to release a more detailed analysis of the economic impact of tariffs soon. For now, he is preparing for global events that could turn either highly positive or deeply negative for the markets.
As we wrote, Bo Hines, head of the Presidential Council of Advisers for Digital Assets under President Donald Trump, has indicated openness to the idea of swapping U.S. gold reserves for Bitcoin — provided the exchange remains budget-neutral.
