News 
April 3, 2025 
2 min. 
Zach Burks, CEO of Mintology, shared his thoughts on market conditions in an exclusive note to crypto news agency.
Burks noted that institutions favor gold as a safe-haven asset, while retail investors increasingly turn to Bitcoin for stability.
He attributed gold’s price surge to institutional investors and predicted short-term spikes above $3,500 before a post-‘Liberation Day’ correction.
Burks warned of increased market volatility surrounding former President Donald Trump’s ‘Liberation Day,’ calling it a potential financial “atomic bomb.”
“Trump’s ‘Liberation Day’ will shake markets like an atomic bomb—crypto won’t be safe in the short term,” Burks stated.
He expects Ethereum to drop to $1,600 and Bitcoin to fall below $80,000 due to retaliatory tariffs.
Crypto Market’s Response to Liberation Day
The crypto market rallied early in the week as traders found reassurance in Trump’s trade strategy, boosting Bitcoin, Ethereum, and major altcoins.
However, optimism faded quickly as fears of retaliatory tariffs resurfaced, triggering a downturn in both crypto and traditional markets.
Despite short-term volatility, Burks remains bullish on Bitcoin, expecting capital to shift away from traditional financial systems.
“The long-term outlook for crypto is strong,” Burks stated. “Bitcoin will soar as institutional investors exit increasingly unstable U.S.-led financial structures.”
With global tensions mirroring pre-WWII dynamics, Burks anticipates a geopolitical shake-up that will reshape trade, alliances, and financial markets.
