Bitcoin (BTC) is flat as East Asian markets open for the week and trades over $ 84K as the White House presents mixed messages about semiconductor and technology component rigs.

Over the weekend, trade secretary Howard Lutnick said the White House’s decision to exempt items such as smartphones, computers and the semiconductors who drive them from customs rates were a temporary measure.

President Trump confirmed it later in a press briefing and stated that the duty would be announced next week, but there would be some “flexibility” in the case.

“The market saw a material -bound when popular consumer electronics categories were exempt from the 125% tariff rates in China,” BTSE COO Jeff Mei told Coindesk in a telegram message. “Even after Trump mentioned that they would simply move to another bucket of duty instead of being excluded completely, the markets kept their winnings in the midst of rumors that business leaders were able to convince the Trump administration to peel some of their highest tariffs back.”

“On our part, we think there will be challenges in changing global supply chains away from China overnight and that low-end-making margin is likely to switch to other Asian countries after they broken trade agreements. Having said, we think this rally looks temporary and that markets will continue to be unstable in the short term,” Mei added.

Meanwhile, China has announced its own rates on semiconductors and hit chips in the United States with a 34% duty. However, China counts origin such as where the chip was manufactured, not designed.

Since the majority of American chip companies, such as AMD and Nvidia, do not serve their own Fabs and instead trust Taiwans – as China counts as its own territory – TSMC, they would be effectively exempt from these duties.

Analysts in China recognize short -term disturbances from the semiconductor tariffs, but largely see them as an opportunity to accelerate domestic innovation, location and restructuring of supply chain, which ultimately benefits China’s semiconductor industry in the long run.

Local media in Taiwan reports that the TSMC is speeding up the construction of another FAB in Arizona to give more American manufactured chips as a cloud of uncertainty hangs over the sector.

Within China, stock traders appear to be waiting for the final customs news to make their next step.

Shanghai’s SSE Composite Index has risen 0.8%, while Shenzhen’s tech-heavy Szse has increased by 0.9%. Hong Kong’s Hang bed has risen by 2.4%.

Elsewhere in Crypto, Hong Kongs Bosera Hashkey Ether Exchange-Traded Fund (ETF) has been approved to offer stacking services. This comes after the city’s market regulator, Securities and Futures Commission, issued guidance on offering stacking services in Hong Kong.

Bloomberg Etf analyst Eric Balchunas noticed on X that the market has not taken to ether ETFs very kindly. The best priesting ETFs on the market, he wrote, have been the ones that are short ether ETFs.

Ether has been 47% down in the last year, according to Coindesk market data, while Coindesk 20 has increased by 14%.