Donald Trump announced today that he’s instituting a 90-day pause on all tariffs except those on China. Bitcoin has surged over $80,000, while altcoins like XRP, Solana, and Cardano surged more than 10% in just minutes of the announcement.

The Dow Jones and stock market reacted similarly, surging by 2,000 points after the news. The US President has now added a total of 125% tariff on China, while pausing others.

Trump Reverses Tariff Plan

Since Donald Trump has made huge tariffs a cornerstone of his financial policy, the markets have reacted with a huge amount of uncertainty. After imposing 104% tariffs against China last night, however, Trump has made a shocking reversal. Although the tariffs against China will still stand, he is repealing those on all other nations.

This news immediately caused a substantial rally in the markets. The Dow Jones responded at 1:30 PM Eastern Time by shooting upwards over 2000 points, and this was mirrored in other high-profile stocks. The markets have been desperate for a form of relief, and it looks like it’s here.

Binance Futures is launching LDUSDT, a reward-bearing margin asset based on Tether’s popular stablecoin. This product will focus on offering flexibility to the user, who can trade LDUSDT while reaping APR rewards.

This is the second product of this nature that Binance Futures has offered following its BFUSD launch last November. LDUSDT is scheduled to launch this month, and its success may encourage similar margin offerings in the future.

Binance Futures To Launch LDUSDT

Binance, the world’s largest crypto exchange, continues to expand its product offerings. It dominates crypto trading and the vast majority of staking rewards, but it also offers several margin assets.

Binance Futures added another such asset today: LDUSDT, a reward-bearing margin asset that lets users earn APR rewards from Simple Earn USDT Flexible Products.

“After the launch of our first reward-bearing margin asset BFUSD was positively received by users, we are pleased to introduce yet another product to bring more utility to our users. LDUSDT increases capital efficiency for users and lets users put their assets to work for them,” Jeff Li, VP of Product at Binance, said in an exclusive press release shared with BeInCrypto.

Binance’s new asset is based on Tether’s USDT, the world’s leading stablecoin, but LDUSDT is a totally different asset. Its main focus is on giving Binance users more flexibility, as they can trade this asset while continuing to reap passive income from APR.

This option is available to all users that have USDT on Binance Earn’s Simple Earn Flexible Products. LDUSDT is Binance’s second reward-bearing non-stablecoin margin asset, following BFUSD, which was launched last November.

Although the firm recently delisted USDT from its European operations due to regulatory concerns, this product is centered around the popular stablecoin.

According to the announcement, the exchange will launch LDUSDT “soon” without a specific release date. The exclusive press release claimed that the asset will be released sometime this April.

The company did not indicate whether it would offer more margin assets like this in the future. However, LDUSDT gives Binance Futures’ users a huge level of flexibility, which will hopefully encourage users to experiment.

A success here could encourage the firm to follow this up with similar products in the future.

Ethereum has experienced a significant downtrend since the start of the year, causing the altcoin to fall below the $1,500 level. 

While this recent decline may seem concerning to some, many investors view this as an opportunity. The low price is tempting new entrants and fueling optimism for a potential recovery.

Ethereum Investors Find Opportunity

Ethereum’s price dip below $1,500 has resulted in a surge of new addresses, reaching a two-month high. This uptick in new investors suggests growing confidence in Ethereum’s future, especially at these lower price levels. The recent price decline has made Ethereum more accessible, which may be encouraging fresh investment.

The increase in new addresses also indicates that investors are positioning themselves for a potential rebound. With prices currently lower than earlier in the year, some see this as a buying opportunity. 

The MVRV Ratio, which measures the market value relative to the realized value, is currently in the “opportunity zone,” ranging from -8% to -21%. This range signals that Ethereum is undervalued, as prices have dipped to levels where investors typically step in. Historically, such conditions have led to reversals in price trends.

This low MVRV ratio reinforces the belief that Ethereum is in a prime accumulation phase. When the MVRV Ratio is in this zone, it indicates that investors who purchase during this period are likely to see positive returns in the future.

ETH Price Aims To Recover

Ethereum’s price has dropped by nearly 19% over the last 48 hours, reaching a yearly low of $1,375. As of writing, the altcoin is trading at $1,467. It has lost the crucial support of $1,533, which pushed it below $1,500. Despite the losses, Ethereum is likely to recover, given its resilient historical performance and renewed investor interest.

If Ethereum manages to reclaim the $1,533 support level, it could pave the way for a recovery towards $1,745. A break above $1,745 would confirm the reversal, ending the 4-month-long downtrend.

However, if the bearish trend continues, Ethereum could fall further, testing support levels below $1,429. Should it break through $1,375, the bearish thesis would be validated, and the altcoin could experience a prolonged period of decline.