Crypto Markets Stabilize as Tariff Uncertainty Eases

Tariffs significantly impacted markets this week, initially causing declines in stocks and cryptocurrencies. However, a 90-day pause on new non-China tariffs led to a market rebound.

Bitcoin stabilized at $82,000, raising discussions on its role as a safe haven versus a risk asset.
Analysts noted Bitcoin's resilient performance amid market panic.
Key reporting included:

Impact of the "basis trade" unwinding on Bitcoin price
Legal victory for Kalshi in Nevada
First XRP ETF listing in the U.S. raised $5 million on debut

Analysis on U.S. 10-year yield trends and decentralized economy resilience during market downturns
Rootstock announced SDKs for Bitcoin Layer 2s using BitVMX
Concerns over HyperLiquid's centralization following a price manipulation exploit

Additional significant news included:

Paul Atkins confirmed as SEC chair
Closure of DOJ's crypto enforcement unit faced criticism
SEC approved ETH ETF options
Trump rescinded a controversial DeFi accounting rule

The week's developments indicate crypto's growing significance in finance and macro-economics.