The White House is considering changes to the tariff policy originally scheduled to be implemented on April 2, proposing to take more targeted measures to avoid imposing tariffs on specific industries and only impose "reciprocal tariffs" on countries with trade imbalances, triggering a thaw in market sentiment. Analysts pointed out that while the tariffs will not directly affect crypto asset prices, the market is particularly sensitive to the macro uncertainty caused by Trump's trade policy. Zach Pandl, head of research at Grayscale, said, "Increased policy uncertainty has led to lower risk exposure for investors overall, and Bitcoin has also been affected by this."
In addition, the Federal Reserve recently announced to slow down the pace of shrinking its balance sheet, reducing the monthly limit of government bonds from $25 billion to $5 billion to ease market liquidity pressure. (Decrypt)
The White House plans to scale back the scope of tariffs in April
2025-03-24 05:54:51
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