#TariffsPause excluding China, which continues to face a high tariff rate of 125%. This tariff suspension has sparked a positive market rebound, with Bitcoin (BTC) surging past $80,000 and altcoins like XRP and Solana seeing gains over 11%. The pause provides temporary relief amid ongoing trade tensions and has boosted risk assets, including cryptocurrencies

This tariff pause is particularly significant for U.S.-based Bitcoin miners, who now have a narrow window to import mining rigs at lower costs before tariffs potentially resume on July 8, 2025. However, a baseline 10% tariff remains in effect for most countries, and China faces a steep 145% tariff on mining hardware imports. Experts warn that while this pause may trigger a short-term rush in mining rig imports, the long-term competitiveness of U.S. miners remains challenged due to higher costs and policy uncertainty

Market analysts highlight that the tariff relief is a strategic breather rather than a permanent solution. Despite the temporary boost, volatility remains high, and broader economic concerns such as recession fears and trade policy unpredictability continue to influence crypto markets. Investors are advised to stay cautious as the long-term impact of trade tensions on digital assets is still uncertain