#TariffsPause

Summary of the "Tariffs Pause" event in the US (4/9/2025):

President Trump announces a 90-day pause on imposing new tariffs against most countries, except China, which still faces a high tariff of 125%.

The decision comes after pressure from Congress and concerns over a potential collapse of the financial markets.

The S&P 500 index surged by 9%, indicating a positive reaction from investors.

Impact on the Crypto Market:

Market sentiment improves: The tax delay alleviates macroeconomic concerns, boosting capital flows into risk assets like crypto.

Bitcoin (BTC) and Ethereum (ETH) see slight increases, reflecting a more stable investor sentiment, moving away from a "risk-averse" state.

However, ongoing US-China tensions continue to exert potential pressure on the market, keeping crypto highly volatile in response to geopolitical developments.