#TrumpTariffs

The cryptocurrency market had a volatile start to the week on Monday, following a strong rally over the weekend, fueled by improved U.S.-China tariff policies that boosted investor sentiment.

Analysts say the pullback points to broader macro uncertainty, though sentiment is greatly improved following the Trump administration’s 90-day pause on tariffs for Chinese imports, announced over the weekend.

“The US/China trade tariff hiatus signals a shift toward improved macro sentiment that will float all boats – especially crypto,” said Charles Wayn, co-founder of web3 growth platform Galxe.

Wayn noted that with BTC approaching $105,000, investors are already speculating that this could push Bitcoin to a new all-time high.

“Over the weekend, we also saw a huge rally in the altcoin sector, with ETH surging more than 30% in a much-needed recovery,” he explained. “This momentum, in tandem with Bitcoin’s rally, is a strong signal for the altcoin market and could spark a broader resurgence across web3.”