After Trump announced a suspension of new tariffs, market sentiment quickly warmed up. The price of Bitcoin rose from about $77,000 to $83,000, an increase of approximately 7.8%, with other cryptocurrencies like Ethereum and Solana also showing significant rebounds. Crypto-related stocks such as Coinbase and MicroStrategy saw their prices rise by 19% and 24%, respectively. This reaction reflects the market's positive expectations regarding the easing of trade tensions.  

Long-term Impact:

Although the market rebounded in the short term, Trump's trade policies still pose challenges to the Web3 ecosystem. For example, high tariffs on imported goods from China could lead to increased costs for key hardware like crypto mining machines, affecting the domestic crypto mining industry in the United States. Additionally, the Trump administration's resistance to a digital dollar may prompt other countries to accelerate the development of central bank digital currencies (CBDCs), potentially undermining the dollar's dominant position in the global financial system.