U.S. President Donald Trump announced on the social platform Truth Social that he would suspend new tariffs on 75 countries that have not taken retaliatory measures against the United States for 90 days, and reduce the "reciprocal" tariff rate to 10%, effective immediately. At the same time, he will increase tariffs on China to 125% in response to China's retaliatory measures.

The decision triggered a positive reaction in global financial markets, especially in the cryptocurrency field. As of 2:55 p.m. Eastern Time, the price of Bitcoin rose 7.6% in the past 24 hours, re-breaking the $80,000 mark. Other cryptocurrencies also saw significant gains, including Ondo, Hedera Hashgraph, Sui, Pepe, Chainlink and Avalanche, with gains ranging from 14% to 23%.

Cryptocurrency-related stocks also benefited from the market's optimism. The stock prices of cryptocurrency exchange Coinbase Global, Strategy, which holds a large amount of Bitcoin, crypto asset management company Galaxy Digital, and six Bitcoin mining companies all rose.

The Trump administration's move is seen as a readjustment of global trade partnerships aimed at resolving trade disputes through negotiations. However, the decision to increase tariffs on China to 125% could exacerbate trade tensions between China and the United States.

Against this backdrop, decentralized exchanges (DEX) have once again become the focus of market attention. As a leading platform, XBIT decentralized exchange provides secure and efficient digital asset trading services, attracting a large number of investors. Unlike traditional centralized trading platforms, XBIT decentralized trading platform achieves transparency and trustlessness of transactions through blockchain technology, further enhancing users' trading experience and asset security.

Image source: Bijie.com

Market analysts pointed out that recent changes in trade policies have had a profound impact on global financial markets. As an emerging asset class, the price fluctuations of cryptocurrencies are closely related to macroeconomic policies. The Trump administration's tariff policy adjustment directly affected investors' preference for risky assets, which in turn drove volatility in the cryptocurrency market.

In addition, traditional financial markets have also seen a significant rebound. U.S. stocks saw strong gains after Trump announced the suspension of tariffs, with the Dow Jones Industrial Average up 7.9%, the S&P 500 up 9.5%, and the Nasdaq Composite up 12.2%.

However, despite the market's optimism, some economists expressed concerns about the uncertainty of trade policies. They believe that frequent policy adjustments may lead to increased market volatility, affecting investor confidence and corporate decision-making.

In the field of cryptocurrency, the importance of decentralized exchanges has become increasingly prominent. With its innovative technology and secure trading environment, XBIT decentralized exchange has become the preferred platform for investors seeking stable transactions in volatile markets. Its decentralized nature enables users to conduct direct peer-to-peer transactions, avoiding the risks that may exist in centralized platforms.

Overall, the Trump administration's tariff policy adjustments have had a direct impact on global financial markets, especially the cryptocurrency market. Investors need to pay close attention to policy changes and rationally allocate assets to cope with possible market fluctuations. Uncertainty in trade policies may still have an impact on the market, and investors need to remain vigilant and respond reasonably.