Breaking News! Trump's New Tariff Policy Ignites Frenzy in the Crypto Market
On April 10, 2025, at midnight Beijing time, U.S. President Trump suddenly announced via social media the suspension of equivalent tariffs for over 75 countries for 90 days, with the tax rate reduced to 10%, while simultaneously imposing a 125% tariff on China. This policy shift was like a thunderclap, instantly igniting global capital markets, with U.S. stocks and the cryptocurrency market soaring, creating historic market conditions.
Cryptocurrency Assets 'Soar Skyward', Trading Volume Surges
After the announcement, Bitcoin (BTC) surged 18% within half an hour, breaking through the $120,000 mark, while Ethereum (ETH) simultaneously rose 23%, with mainstream cryptocurrencies in the top 50 generally increasing by over 15%. Data from the Binance platform shows that the trading volume of USDT trading pairs skyrocketed by 300% within 24 hours, with market buyers rushing in. Analysts point out that the easing of tariff policies significantly boosts risk appetite, leading to a large influx of capital into cryptocurrency assets to hedge against geopolitical risks.
Nasdaq Surge Reflects Market Sentiment Reversal
Traditional markets reacted vigorously as well, with the Nasdaq 100 index soaring 10.5% in a single day, marking the largest single-day increase since the 2008 financial crisis. The correlation between tech stocks and cryptocurrency assets has strengthened, with 'crypto concept stocks' such as MicroStrategy and Coinbase rising over 20%. The market generally believes that Trump's suspension of tariffs may release short-term positive signals for global trade.
Risk Warnings Amid Short-Term Euphoria
Despite the high market sentiment, the Binance Research Institute reminds investors to pay attention to two potential risks: first, the uncertainty of policy changes after the 90-day tariff suspension; second, the escalation of Sino-U.S. trade friction could trigger long-term volatility. Investors are advised to reasonably allocate assets and use Binance margin trading, options, and other tools to hedge against extreme market conditions.
#加密市场反弹 #特朗普暂停新关税 #保持SAFU
On April 10, 2025, at midnight Beijing time, U.S. President Trump suddenly announced via social media the suspension of equivalent tariffs for over 75 countries for 90 days, with the tax rate reduced to 10%, while simultaneously imposing a 125% tariff on China. This policy shift was like a thunderclap, instantly igniting global capital markets, with U.S. stocks and the cryptocurrency market soaring, creating historic market conditions.
Cryptocurrency Assets 'Soar Skyward', Trading Volume Surges
After the announcement, Bitcoin (BTC) surged 18% within half an hour, breaking through the $120,000 mark, while Ethereum (ETH) simultaneously rose 23%, with mainstream cryptocurrencies in the top 50 generally increasing by over 15%. Data from the Binance platform shows that the trading volume of USDT trading pairs skyrocketed by 300% within 24 hours, with market buyers rushing in. Analysts point out that the easing of tariff policies significantly boosts risk appetite, leading to a large influx of capital into cryptocurrency assets to hedge against geopolitical risks.
Nasdaq Surge Reflects Market Sentiment Reversal
Traditional markets reacted vigorously as well, with the Nasdaq 100 index soaring 10.5% in a single day, marking the largest single-day increase since the 2008 financial crisis. The correlation between tech stocks and cryptocurrency assets has strengthened, with 'crypto concept stocks' such as MicroStrategy and Coinbase rising over 20%. The market generally believes that Trump's suspension of tariffs may release short-term positive signals for global trade.
Risk Warnings Amid Short-Term Euphoria
Despite the high market sentiment, the Binance Research Institute reminds investors to pay attention to two potential risks: first, the uncertainty of policy changes after the 90-day tariff suspension; second, the escalation of Sino-U.S. trade friction could trigger long-term volatility. Investors are advised to reasonably allocate assets and use Binance margin trading, options, and other tools to hedge against extreme market conditions.
#加密市场反弹 #特朗普暂停新关税 #保持SAFU
