According to The Kobeissi Letter, bond yields surged sharply ahead of the April 9th tariff pause as the unwinding of the basis trade accelerated. Former President Trump implemented a 90-day tariff pause in direct response to the spike in rates, and on April 10th, he acknowledged monitoring the bond market closely. This interest rate-driven policy move heightened volatility across global markets, with significant spillover effects on cryptocurrency trading as risk sentiment shifted rapidly. Crypto traders observed increased correlations between digital assets and traditional markets during this period, highlighting the need for active risk management strategies. (Source: The Kobeissi Letter, May 23, 2025)

According to The Kobeissi Letter, bond yields surged sharply leading up to the April 9th tariff pause as the basis trade unwound, prompting former President Trump to announce a 90-day tariff pause amid rising rates. On April 10th, Trump acknowledged monitoring the bond market, confirming the move was driven by interest rate concerns (source: The Kobeissi Letter, May 23, 2025). For crypto traders, these rapid shifts in traditional markets highlight the growing interplay between macroeconomic policy decisions and cryptocurrency price volatility, especially as traders increasingly use crypto as a hedge against interest rate uncertainty.

According to The Kobeissi Letter, on April 9th, it was revealed that the bond market has become Trump's immediate economic focus. Despite weeks of assurances that there would be no tariff delay, a sudden break in the bond market led to a 90-day tariff pause within just 12 hours (source: The Kobeissi Letter, May 21, 2025). This rapid policy shift highlights heightened sensitivity to macroeconomic pressures, suggesting increased volatility across traditional and crypto markets. Traders should monitor US bond market developments closely, as policy pivots like this can trigger risk-on or risk-off reactions in Bitcoin, Ethereum, and major altcoins.

According to The Kobeissi Letter, despite the announcement of a US-China trade deal and a 90-day pause on tariffs, the 10-year Treasury yield is approaching 4.50% even as inflation data trends downward (source: @KobeissiLetter, May 11, 2025). Persistent high yields signal that interest rates remain elevated, which continues to pressure both traditional markets and cryptocurrencies. Crypto traders should monitor bond yields closely, as sustained high rates can reduce risk appetite and liquidity in digital asset markets. The expectation for rate cuts remains unmet, increasing volatility and downside risk across crypto assets.

According to The Kobeissi Letter, stock market futures have moved lower as the 90-day tariff pause reaches 20% completion, increasing market uncertainty and prompting traders to monitor risk-sensitive assets closely (source: The Kobeissi Letter, April 28, 2025). This development raises concerns about potential volatility in equities and could lead to defensive positioning or reduced exposure in trading portfolios. Traders are advised to watch for further policy updates and shifts in global trade sentiment, as these factors may drive near-term price action in both equity and cryptocurrency markets.

According to The Kobeissi Letter, stock market futures have moved lower as traders react to growing uncertainty with the 90-day tariff pause now 20% complete. This development signals increased caution among market participants, with potential impacts on equities and correlated crypto assets as global trade tensions remain unresolved (source: The Kobeissi Letter, April 28, 2025). Traders are closely monitoring the expiration timeline of the tariff pause, as any changes in trade policy could trigger volatility in both traditional and digital asset markets.

According to Crypto Rover, the S&P 500 index has wiped out $2.5 trillion since April 9 due to a tariff 'pause.' This significant market downturn could influence cryptocurrency trading, as investors might seek alternative assets. Traders should monitor how this economic shift impacts Bitcoin and altcoin prices, as a potential flight to digital currencies may occur. [Source: Crypto Rover]

According to @KobeissiLetter, the S&P 500 has suffered a significant loss of $2.5 trillion since the high on April 9th, largely due to the lingering uncertainty surrounding US-Japan trade negotiations. The talks have stalled as Japan declares they won't continue conceding, impacting market stability. Traders are closely monitoring these developments as they could lead to volatility in the stock market.

According to @MilkRoadDaily, the inflation data came in cooler than expected, but markets didn't react with the anticipated upward momentum. A significant market movement occurred a day earlier, marking the biggest shift in nearly 20 years, attributed to a pause in tariffs. This suggests that the markets require time to absorb the recent rally and current shifts, with implications for cryptocurrency traders. [Source: @MilkRoadDaily, April 11, 2025]

According to Milk Road, the market did not explode because the momentum from the earlier 90-day tariff pause had already been priced in. This led to equities rallying, bond yields adjusting sharply, and cryptocurrencies pushing higher. The anticipation of these changes resulted in a preemptive market adjustment, leaving little room for further explosive growth. [source: Milk Road]

According to Santiment, recent tensions in the US-China trade war have led to a pullback in cryptocurrency markets. This follows a historical pattern where geopolitical events impact market sentiment. The analysis highlights the previous instance when Donald Trump's announcement of a 90-day pause on tariffs led to a significant market turnaround. Traders are advised to consider geopolitical developments as critical factors in their trading strategies.

According to Santiment, the number of Bitcoin whale and shark wallets has increased by 132 following Trump's 90-day tariff pause, signaling increased confidence among major crypto stakeholders.

According to @KobeissiLetter, President Trump's decision to implement a 90-day tariff pause came shortly after significant disruptions in the bond market, highlighting the influence of economic indicators on policy decisions. This shift occurred despite previous assertions of no tariff delays, indicating a strategic response to market pressures. Traders should closely monitor bond market trends as they appear to be a critical factor influencing tariff policies.

According to Santiment (@santimentfeed), the crypto market is highly focused on the recent news of Trump's pause on tariffs, which has been the predominant subject across crypto social media. This development has significantly influenced market dynamics over the past eight days, capturing the attention of traders and analysts alike.

According to @KobeissiLetter, President Trump's economic priority shifted to implementing a 90-day tariff pause after the bond market experienced significant disruptions. This decision followed weeks of assurances from Trump that there would be no tariff delay, despite a $12 trillion erosion in stock market value. The bond market's reaction appears to have been a critical factor in the policy shift, emphasizing the need for traders to closely monitor bonds for future economic policy cues.

According to The Kobeissi Letter, President Trump's decision to implement a 90-day tariff pause followed a significant disruption in the bond market, despite his earlier stance of no delays, as stocks lost over $12 trillion. This shift indicates the critical impact of bond market conditions on trade policy decisions.