Trump's Tariffs Have Been Repealed: How Will Bitcoin and Altcoins Be Affected?

A recent analysis published by Santiment examined the five-month downward trend in the cryptocurrency market and the potential impact of recent political developments in the U.S. on digital assets.
The cryptocurrency market is experiencing a difficult period with five consecutive “red moon” cycles, starting after reaching a peak of $126,000 in October 2025 and lasting until the end of February 2026. However, recent data from Santiment suggests the market may have reached a turning point.
The most notable point on the agenda is the latest developments regarding tariffs imposed by President Trump. According to the analysis, the 6-3 vote has led to the possibility of reversing many tariffs and refunding affected companies.
Easing these tariffs, which have acted as a “barrier” to cryptocurrencies since April 2025, is being described by market experts as positive long-term news.
Although a sharp short-term surge is not expected, analysts predict this development will reduce pressure on the market.
Since reaching an all-time high in October, Bitcoin’s price has decreased by an average of $10,000 to $15,000 per month. Analyst Brian Quinlivan describes this as a “slow and painful decline” rather than a sudden collapse.
While retail investors continue to buy on dips, wallets of institutional holders (those holding between 10 and 10,000 BTC) appear to have sold 0.5% of the total supply over the past five weeks.
The correlation between Bitcoin and the S&P 500 and gold remains ongoing; however, it is noteworthy that small declines in the stock market have caused deeper losses for Bitcoin.
Despite market pessimism, the technical indicator MVRV (Market Value to Realized Value) suggests, according to analysts, that a “buy zone” has been established. The 30-day MVRV index for Bitcoin is below -6%, and its 365-day ratio is below -30%. Historically, ratios below zero indicate that the average investor is at a loss, and the likelihood of a “recovery” rally increases.
Santiment’s analysts believe Bitcoin could approach $70,000 in the coming days, but to sustain this growth momentum, institutional investors need to continue buying. On the other hand, the large amount of Bitcoin (around 5,000 BTC) flowing into exchanges also poses a short-term risk of selling pressure.