On April 14, Arete Capital managing partner McKenna said the market often bottoms out in the worst news. He mentioned that Bitcoin had fallen to $74,000 due to reciprocity tariffs and stock market declines, one of the worst panics in the market he has ever seen. He believes that unless relations with China deteriorate seriously, future news will only cause market volatility. McKenna also pointed out that Trump's goal is to reach an agreement and readjust global trade within 90 days, and then carry out large-scale tax cuts and deregulation.