Kevin Hassett, head of the National Economic Council and a key economic advisor to Donald Trump, has predicted a broad-based market rally in Q2 2025. Hassett claims that trade war uncertainties, largely driven by Trump’s on-again, off-again tariffs, will be resolved by April.
The White House economic advisor also downplayed the recession concerns despite concerning growth data, suggesting that the US economy will “take off” in the next quarter.
If Hassett’s forecast proves accurate, U.S. equities could stage a strong bullish reversal starting in April. With tech stocks closely linked to Bitcoin, this could also trigger the next phase of the crypto bull market as early as next month.
Why Hassett’s Bull Talk Is Extremely Bullish For Crypto?
Kevin Hassett’s optimism could go a long way in calming jittery investors from panic-selling risk assets, considering Donald Trump’s apparent apathy towards the stock market.
On multiple occasions, Trump claimed that he isn’t even watching the stock market. In a recent interview, he even admitted that there could be a “transition period” when asked about an impending recession, choosing not to reject the possibility outright.
Instead, the President hinted that short-term pain would be acceptable to the administration.
Several economists have even suggested that the White House could be manufacturing a recession and stock market crash, hoping to solve two of its major economic worries — the stickly inflation and high interest rates.
The White House could be looking to refinance its $9.2 trillion debt at lower rates before it matures in 2025. Indeed, interest rate traders have shifted their outlook, now betting on three rate cuts this year after expecting none as recently as last month.
However, Hassett’s statements reveal that the administration isn’t apathetic towards the stock market. The White House economic advisor reveals that the trade wars could be resolved by April and that the economy will “take off” after Trump’s tax cuts get congressional approval.
The clarity, along with the Fed’s expected rate cuts, could send US equites and crypto prices soaring.
It is not without any reason that Fundstrat’s Tom Lee claims that the crypto bull market isn’t over and that the Bitcoin price could hit $150k in 2025.
GMI’s Head of Macro Research Julien Bittel is also extremely optimistic regarding the crypto market’s 2025 prospects, citing the soaring Global M2 supply and financial conditions easing.
Best Crypto To Buy Now
Sidelined investors should already be DCAing into high-upside crypto assets.
For instance, experts believe that underexposure to Bitcoin could be a costly mistake, even at this later stage of the cycle.
The Bitcoin price will likely bottom in the $72k-$74k support zone and could rally to $150k this year. It, undoubtedly, is still one of the best cryptos to buy now.
Analysts are also betting on Ethereum, which they believe is now highly undervalued following the latest market crash. In fact, whales are buying the dip in ETH, Dogecoin, XRP and Cardano, clearly expecting the most popular assets to perform well in a retail-dominated rally.
However, smart money investors are also buying low-cap crypto assets with high upside potential.
For instance, Solaxy (SOLX) is seeing new six-figure investments nearly every week, with the latest whale buying $200k worth of the Solana coin. It has already raised nearly $26 million in its presale.
Considering Solaxy is the first prominent Solana Layer-2 coin, analysts believe it is undervalued in its presale, with many viewing it as a 10x investment.
Savvy investors are also betting on the comeback of the AI meme and agent coin meta. Coins like Fartcoin, AIXBT and AI16Z are in oversold territories following the latest market crash.
Whales are also buying new AI agent coins like Mind of Pepe (MIND), which has raised nearly $8 million in its ICO.
