The White House is considering adjustments to its tariff policy in response to market concerns

Summary of AI

According to Odaily, the White House is contemplating modifications to the tariff policy initially scheduled to be implemented on April 2. The proposed adjustments aim to adopt more targeted measures, avoiding tariffs on specific industries and applying 'reciprocal tariffs' only to countries with trade imbalances. This consideration has eased market tensions.

Analysts point out that although tariffs do not directly affect cryptocurrency prices, the market remains sensitive to macroeconomic uncertainties arising from U.S. President Donald Trump's trade policies. Zach Pandl, head of research at Grayscale, noted that the increase in political uncertainty has led investors to reduce their overall risk exposure, which has also affected Bitcoin.

Furthermore, the Federal Reserve recently announced a slowdown in its balance sheet reduction, decreasing the monthly cap on Treasury bond reductions from $25 billion to $5 billion to alleviate liquidity pressures in the market. #ETH #btc #WhaleMovements