Trump's tariff exemption policy has released favorable signals, and the crypto market has risen sharply, making BiyaPay the preferred tool for withdrawals.
A surprising policy adjustment over the weekend has stirred waves in the global financial market. Former President Trump announced a tariff exemption on certain tech devices, which quickly ignited market sentiment. Especially in the fields of technology and crypto assets, this positive news immediately triggered a strong reaction—Bitcoin surged rapidly within hours, reaching a historic high of $85,900.
From past data, cryptocurrencies, especially Bitcoin, show a high correlation with tech stocks. When market risk appetite increases and tech stocks rise, investors are more inclined to allocate to high-volatility assets like Bitcoin. This tariff exemption is a loosening of the cost factors that have suppressed the growth of the tech industry, thus indirectly releasing a bullish signal for the crypto market.
In addition to the sentiment-driven momentum, Trump's policy has also brought substantial benefits to the fundamentals of the crypto ecosystem. The exempted resources, such as semiconductors, AI chips, and computing components, are essential for supporting Bitcoin mining, blockchain construction, and AI-driven crypto tools. In the long run, this policy helps ensure stability and cost control in the upstream of the crypto industry chain.
However, as the crypto market experiences an explosion, another issue arises—how to achieve safe and quick withdrawals of funds? This is a pressing concern for countless investors during a bull market.
At this critical moment, BiyaPay offers a secure, efficient, and compliant solution for withdrawing crypto assets, quickly becoming the first choice for many investors. Through BiyaPay, users can transfer USDT from exchanges to their BiyaPay wallet, then exchange it 1:1 for dollars or other fiat currencies, and withdraw it to a legitimate overseas bank account (such as WISE, Hong Kong, Singapore, etc.). Finally, the funds can be remitted back to a local bank account through formal channels, ensuring a clear and transparent process while eliminating the freezing risks associated with gray OTC trading.
BiyaPay is not just a wallet; it is a comprehensive financial tool. It integrates multiple functions such as asset management, digital currency trading, remittances, real-time exchanges, and investment management. Whether you want to cash out, invest in US or Hong Kong stocks, or achieve wealth growth, BiyaPay can meet your needs in one-stop.