White House is considering adjusting the tariff policy originally scheduled for April 2, aiming to take more targeted measures, avoiding additional tariffs on specific industries, and only implementing "reciprocal tariffs" on countries with trade imbalances, which has eased market sentiment. Analysts point out that while tariffs do not directly affect cryptocurrency asset prices, the market is particularly sensitive to macroeconomic uncertainties brought by Trump's trade policies. Zach Pandl, Research Director at Grayscale, stated, "Policy uncertainty has intensified, causing investors to generally reduce risk exposure, which has also affected Bitcoin." Additionally, the Federal Reserve recently announced a slowdown in balance sheet reduction, lowering the monthly Treasury cap from $25 billion to $5 billion to alleviate market liquidity pressure. (Decrypt)