CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Moralis Money
coinpedia 2025-04-10 04:01:39

Bitcoin, Altcoins Jump After 90-Day Tariff Pause by Trump

The post Bitcoin, Altcoins Jump After 90-Day Tariff Pause by Trump appeared first on Coinpedia Fintech News Global markets and cryptocurrencies saw a strong rebound today after President Donald Trump announced a temporary pause on tariffs for most countries—except China—for a period of 90 days. The move has injected fresh optimism into markets that have been weighed down by ongoing trade tensions and economic uncertainty. This development could be the market catalyst many investors were waiting for, potentially signaling the start of a bull run across both traditional and digital assets. Relief Rally: Stocks and Crypto Turn Green Immediately following the tariff pause announcement, U.S. stock indexes rallied sharply. The S&P 500, Nasdaq, and Dow Jones all posted significant gains, breaking out of oversold territory with strong green candles on the daily charts. Even gold joined the rally, signaling broader investor relief. In the crypto space, Bitcoin (BTC) surged back above $82,000, marking an 8.87% gain in 24 hours. The move triggered a wave of short liquidations—over $75 million worth—fueling a further price jump. The global crypto market cap now stands at $2.59 trillion, up 8.40% on the day. What’s Next? The 90-day tariff pause runs through the end of June, potentially aligning with historical seasonality in crypto where Q2 often delivers strong gains. April, May, and June have traditionally been favorable months for Bitcoin and altcoins. Bitcoin’s recent performance, especially compared to previous market crashes, has impressed even traditional analysts. Bernstein recently described the current 26% dip as “mild,” especially considering past corrections have reached 50-70%. Many believe this showcases BTC’s growing maturity and institutional support. Market watchers are now looking ahead to any signals from Federal Reserve Chair Jerome Powell, especially regarding interest rate policy or further liquidity support, which could further fuel bullish sentiment.

https://www.digistore24.com/redir/325658/ceobig/
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.