President Donald Trump has exempted various tech products, including smartphones, chips, and computers, from tariffs, providing relief to the tech industry. Along with storage cards, modems, diodes, and semiconductors being excluded from the tariffs, large tech companies are expected to gain from this change. The tariff exemptions coincided with a rally in the stock market, particularly tech stocks, which could positively affect the crypto markets due to their correlation with tech equities. Following this announcement, Bitcoin surged past $85,000, reflecting a rising risk appetite in crypto markets. Trump also initiated a 90-day pause on reciprocal tariffs while reducing rates for non-responsive countries. These moves were interpreted by some analysts as strategic posturing rather than a long-term solution to trade tensions, with concerns raised that bond yields may continue to rise despite tariff relief. Overall, while the immediate response suggests optimism in both tech and crypto sectors, the long-term impacts remain uncertain.

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