SOL briefly dropped below $100, with a 24-hour loss of 16.89%.

April 10: Last night, Trump announced the suspension of the tariff policy, which led to sharp market volatility. Reconstructing the timeline of this event based on compiled media information: At 9:33 AM local time, Trump posted on Truth Social, asking everyone to "stay calm" and then adding that "now is a good time to buy." Meanwhile, the U.S. Commerce Secretary Lutnick received a call from the EU's top trade official, Maros Sefcovic, and the EU approved retaliatory measures against U.S. steel and aluminum tariffs on that very day. By midday on Wednesday, Lutnick was already in the White House Oval Office with the U.S. Treasury Secretary Besant, discussing the latest tariff policy with Trump. At 1:18 PM, Trump announced the decision to suspend the tariffs on Truth Social. It is reported that this sudden change even took some senior officials by surprise. After Trump's post, his aides immediately stood up to discuss how to proceed. Besant and the White House Press Secretary Levitt

On April 10th, based on market data, LAYER reached $1.88 and then receded. Currently, it is trading at $1.79, with a 24-hour increase of 29% and hitting a new all-time high.

On April 10th, as observed by LookOnChain, a whale took a long position on BTC with a leverage of 40 times and accumulated an unrealized profit of $4.27 million. Just 11 hours prior to this, the whale closed a short position on ETH on the MUX platform and switched to a long position on BTC.

On April 10th, according to market data, the yield of the U.S. 10-year Treasury dropped to 4.259% due to the influence of the Trump administration's tariff suspension policy. It decreased by nearly 3.07% in the past 24 hours. In addition, the MOVE Index fell to 128.8294, with a 7.9% decrease in the past 24 hours.

On April 10th, based on market data, sUSD continues to experience depegging. The lowest price reached $0.869 and it is currently trading at $0.906. In previous news, Synthetix founder Kain mentioned that the sUSD peg repair mechanism is in the process of transition. They have sold 90% of their ETH holdings and increased their SNX position.

On April 10th, due to the Trump tariff suspension policy, the current MOVE Index has rapidly dropped to 128.83, which is below the key threshold of 140. Arthur Hayes commented on this and confirmed the effectiveness of the MOVE Index. He said, "We will be back soon. Enjoy your time while the party lasts. Next time, BTC may not enter a downturn simultaneously with stocks first; instead, it may continue to surge."