#TariffsPause
The cryptocurrency market experienced a strong recovery in late April 2025 following the announcement from the United States regarding the suspension of import tariffs on goods from Canada and Mexico, known as #TariffsPause.
Key impacts:
Increase in cryptocurrency prices:
Bitcoin (BTC): the price surpassed $94,000 due to easing in trade and the weakness of the US dollar, along with positive statements from President Trump about keeping Jerome Powell in the position of Chairman of the Federal Reserve.
Ethereum (ETH): rose by 9.6% thanks to strong buying.
Solana (SOL) and XRP: increased by 8.2% and 7.4% respectively, due to improved investor sentiment.
Improved market sentiment: the cryptocurrency fear and greed index reached 72 points, indicating a shift of the market into the greedy zone after a long period of caution and anxiety.
Market recovery after the decline: after Bitcoin dropped below $93,000 prior to the announcement, the price rose again to $99,500, with a strong increase of 6.87%.
Outlook: although the market is recovering thanks to #TariffsPause, tensions with China and some global financial policies remain potential pressure factors. Analysts predict that cryptocurrencies will continue to be an attractive investment option, especially in the context of a weak dollar and rising public debt.