#TariffsPause #TariffsPause
The cryptocurrency markets experienced a strong recovery in late April 2025 after the United States announced a suspension of tariffs on imports from Canada and Mexico, known as the #TariffsPause.
Key impacts:
Rise in cryptocurrency prices:
Bitcoin (BTC): The price rose to over $94,000 thanks to trade easing and a weak U.S. dollar, with supportive statements from President Trump about keeping Jerome Powell as Fed Chair.
Ethereum (ETH): Jumped by 9.6% supported by a strong buying wave.
Solana (SOL) and XRP: Increased by 8.2% and 7.4% respectively driven by improved investor sentiment.
Improved market sentiment: The "Fear and Greed" index for cryptocurrencies rose to 72 points, indicating a shift in the market to the "Greed" zone, after a long period of caution and fear.
Market recovery after the decline: After Bitcoin fell below $93,000 ahead of the announcement, prices jumped again to $99,500 with a strong increase of 6.87%.
Outlook: Despite the market recovery thanks to #TariffsPause, tensions with China and some global financial policies remain potential pressure factors. Analysts expect cryptocurrencies to remain an attractive investment option, especially amid a weak dollar and increasing sovereign debt.