The post Crypto Market Today: Trump Tariff Pauses, Bitcoin Price, Ripple XRP News, and More appeared first on Coinpedia Fintech News April 10, 2025 06:55:17 UTC Massive Bitcoin Short Squeeze Brewing at $90K Mark A massive short squeeze may be brewing for Bitcoin, with over $7 billion in BTC shorts set to be liquidated around the $90,000 price level. According to Coinglass data, cumulative short liquidations have been rising sharply, while long liquidations have tapered off. As BTC edges closer to the $90K mark, traders betting against the price could face heavy losses, potentially triggering a surge. April 10, 2025 06:53:05 UTC Elizabeth Warren Demands Probe Into Trump’s Tariff Moves Over Insider Profit Claims Senator Elizabeth Warren is calling for an investigation into Donald Trump’s recent tariff decisions. She says the former president may have helped wealthy insiders profit by suddenly changing tariffs, especially on Chinese goods. Warren believes this caused market chaos and hurt the U.S. economy. She is asking Congress to stop what she calls “confusing and unfair” policies. Her warning comes as inflation and recession fears grow, and key economic data like PMI and job openings show signs of weakness. April 10, 2025 06:45:57 UTC Hang Seng Soars as Tariff Pause Sparks Market Optimism The Hang Seng Index surged 2.58% after President Trump paused tariffs for 90 days, easing recession fears and boosting investor confidence. Tech and auto stocks led the rally, with the Hang Seng Tech Index climbing 4.34%. Alibaba and Baidu gained over 4%, while Li Auto and NIO rose 6.63% and 5.69%, respectively. Mainland indices also advanced, with the CSI 300 and Shanghai Composite up 1.70% and 1.57%. Chinese leaders are reportedly preparing fresh stimulus measures. April 10, 2025 06:35:36 UTC XRP Price Surges 11%: Reclaims $2 Mark! The broader crypto market taking a positive turn following the pause on tariffs and Ripple buying Hidden Road for $1.25 B has had a positive impact on the XRP price. The altcoin at the time of press is up 11% to claim the $2 price tag and has a market cap of $116.73B. Talking of its trading volume, the transactions are currently up 16.55% to $8.49B. April 10, 2025 06:26:39 UTC Fartcoin Price Jumps to $0.73 as Trading Volume Hits $458M Amid the bullish uptick, meme coin Fartcoin surged 38.20% in the last 24 hours, trading around $0.7348 after hitting a peak of $0.7816. Based on Solana, Fartcoin has been defying the odds with trading volume skyrocketing 80.25% to $458.2 million. As investors seek speculative assets during market uncertainty, Fartcoin’s rise highlights its growing influence, even in times of geopolitical and financial volatility. April 10, 2025 06:15:56 UTC MicroStrategy’s MSTR Price Surges 25% on Trump Tariff Pause Boost MicroStrategy Inc. (MSTR) stock soared 24.76% to $296.86 following President Trump’s announcement of a 90-day pause on tariffs for all countries except China. The move sparked a broader rally in U.S.-listed stocks, with MSTR leading the pack. Investors poured in as easing trade tensions fueled optimism in both crypto and traditional markets. The Nasdaq jumped 10%, and the S&P 500 rose 8%. After-hours trading saw a slight dip, with MSTR settling at $292.00. April 10, 2025 05:58:26 UTC Trump Pauses Nvidia H20 Chip Ban After Mar-a-Lago Dinner The Trump administration has paused the planned export restrictions on Nvidia’s H20 AI chip to China following a Mar-a-Lago dinner attended by CEO Jensen Huang. The decision came after Nvidia pledged new U.S. investments. Previously expected curbs drew bipartisan pressure amid China’s AI advancements. Despite political opposition, regulatory delays and staff shortages slowed action. Analysts see the move as a win for China, still reliant on advanced U.S. chips. The White House and Nvidia declined to comment on this. April 10, 2025 05:48:55 UTC Bitcoin Holds Strong Amid Global Tensions: What Recent Dips Really Mean Bitcoin’s sharp 53% drop during China’s mining ban revealed how technological crackdowns can severely impact the market. In contrast, external economic pressures like Trump’s tariff war led to only a 28% correction, showing Bitcoin’s resilience to geopolitical tensions. The current dip is seen as healthy consolidation rather than a sign of crisis. This reflects a shift in sentiment—investors are now less shaken by global events. Bitcoin’s true strength lies in the firm belief and conviction of its holders. April 10, 2025 05:32:56 UTC Bitcoin Price Today BTC price today is up 7.77% since yesterday, claiming a hold at $82,068.39; this bullish move came as the Trump tariff saw a 90-day halt on most countries. Marketeres seized the opportunity, and as a result, the trading volume shot up an impressive 43.98% to $77.87 billion. If the uptrend remains consistent, we can expect the BTC price to rise to $85k by the weekend.
