BlockBeats news, on April 23rd, according to CoinDesk, as the cryptocurrency rebound continues to advance, there has been a more significant increase in open interest contracts in the Bitcoin perpetual futures market, indicating an increase in investor confidence, especially after the Trump administration slowed down its attack on trade tariffs and anti Federal Reserve rhetoric. This rebound occurred after US Treasury Secretary Scott Bessent discussed easing trade tensions between the US and China, followed by President Trump's statement to significantly reduce tariffs on Chinese goods from the current 245% to a substantial level. Trump also stated that he has no intention of dismissing Federal Reserve Chairman Powell from his position.
