According to Michaël van de Poppe, altcoins are facing difficulties gaining momentum as the market anticipates potential tariff announcements by Trump on April 2nd. Concurrently, gold continues to rally, suggesting a shift towards safer assets. This situation could significantly impact trading strategies as traders weigh geopolitical risks. Source: Michaël van de Poppe.

According to The Kobeissi Letter, high-yield credit spreads have been widening from historically low levels, indicating increased risk perception in the credit markets. Concurrently, both gold and US Treasury bonds have seen a rally over the past two weeks, which is unusual as these assets typically move inversely with interest rates. This trend suggests a shift in market sentiment, possibly due to rising interest rates heading into 2025. Traders should monitor these developments closely as they can impact investment strategies in both credit and bond markets.