#特朗普暂停新关税 Price Increase: On April 10, after Trump announced a 90-day suspension of "reciprocal tariffs" on multiple countries or regions, cryptocurrencies like Bitcoin collectively surged. The suspension of tariffs alleviated global trade tensions and improved macroeconomic risk sentiment, leading to an increased investor preference for risk assets, which boosted the prices of risk assets including cryptocurrencies.

• Enhanced Market Confidence: Trump's suspension of new tariffs and clear indication of no intention to dismiss Powell eased market concerns about sudden policy risks and damage to the independence of monetary policy. This macro-level "de-risking" signal strengthened investor confidence in the cryptocurrency market, making investors more willing to hold or buy cryptocurrencies.

• Changes in Correlation with Traditional Financial Markets: Previously, there was a strong positive correlation between cryptocurrencies and the Nasdaq 100 index. When Trump introduced reciprocal tariffs, causing turmoil in global financial markets, cryptocurrencies also fell. After the suspension of tariffs, if global financial markets stabilize or recover, this close correlation between cryptocurrencies and traditional financial markets may continue, and the cryptocurrency market may show signs of rising or stabilizing in line with traditional financial market trends.

However, the cryptocurrency market is still influenced by various factors such as regulatory policies, technological developments, and market manipulation, and its future direction remains uncertain.