Musk announces the "American Party" plan, DOGE rises more than 6% in 24 hours leading the crypto market.

According to CoinDesk, under the backdrop of renewed expectations for a rate cut by The Federal Reserve (FED) and alleviated concerns over U.S. tariffs, major Crypto Assets prices have rebounded. DOGE has performed particularly well, rising over 6% in the past 24 hours, leading the market. Meanwhile, the price of Bitcoin (BTC) has recovered, approaching the $110,000 mark.

Concerns over US tariffs ease, risk sentiment stabilizes

This rebound is due to U.S. officials clarifying that President Trump's long-planned tariff hike will not take effect immediately, giving countries more time for negotiations. The previous deadline of July 9 had raised market concerns about the sharp deterioration of global trade. U.S. Treasury Secretary Scott Basset stated on Sunday that countries without an agreement may be granted a three-week extension to reach an agreement before the new tariffs take effect on August 1.

Industry insider Jeff Mei stated on Telegram: "The reason for the market's rebound is that it revealed that countries will have more time to negotiate before the tariffs take effect. If the CPI data is weak released on Tuesday, it may open the door for The Federal Reserve (FED) to cut interest rates later this year."

Market focuses on The Federal Reserve (FED) interest rate cut signals and CPI data

The above clarification helps stabilize Crypto Assets market risk sentiment ahead of a critical week. Traders are closely monitoring the U.S. inflation data (CPI) to look for signals that may support a shift to a dovish stance by The Federal Reserve (FED).

If the CPI data is lower than expected, it will strengthen the Federal Reserve's (FED) expectations for interest rate cuts (possibly as early as September), which will help Crypto Assets and risk assets continue their Rebound. The market generally believes that weak CPI data may prompt the Federal Reserve (FED) to cut interest rates earlier.

Capital Rotation, Can Crypto Assets Become a Safe Haven Against Macro Volatility?

Industry executive Eugene Cheung pointed out in a Telegram message: "Bitcoin (BTC) Rebound and Ethereum (ETH) inflows indicate that traders are rotating into long-term value assets. We expect that as macroeconomic volatility intensifies, more investors will seek Crypto Assets as a safe haven." He added: "As the Federal Reserve (FED) signals a very high probability of interest rate cuts this year, we are optimistically expecting more investors to turn to Bitcoin and Ethereum to hedge against macroeconomic volatility and potential rising inflation risks."

DOGE Soars: Retail Enthusiasm Returns and the Musk Effect

The outstanding performance of DOGE marks a significant return of retail investor enthusiasm (the Meme coin craze). In the past 24 hours, its trading volume has surpassed 1.5 billion USD (this figure is relatively high after a week of lackluster market activity over the weekend). This wave of market activity coincides with its well-known supporter Elon Musk announcing the "America Party" plan, reigniting market interest in Musk-concept Crypto Assets.