Trump's US reciprocal tariffs pause

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President Trump's recent decision to pause the implementation of reciprocal tariffs has not led to a sustained improvement in the Bitcoin and crypto market outlook.

President Trump signed a memo to develop a plan for reciprocal tariffs, which effectively paused their start. The tariffs are now expected to begin in April.

Following the announcement of the pause, Bitcoin and other crypto experienced a temporary pause in their decline. Bitcoin, which had fallen to $95,000, recovered to around $96,000.

Trump's plan involves imposing tariffs on countries with taxes on US imports, with the goal of achieving fair trade. The tariffs would be equal to the existing tariffs that foreign countries have on goods from the U.S.

The expected implementation of tariffs in Q2 may make investors hesitant to invest in the crypto market.

The crypto market's reaction to the tariff news signals a growing correlation between crypto values and macroeconomic factors.

Bitcoin ETFs have seen negative flows, with a cumulative net outflow of nearly $680 million over four days, underlining the cautious sentiment.

The price of Bitcoin dropped more than 3.6% in 24 hours, and Ether crashed more than 15%.

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