President Donald Trump announced a 90-day pause on tariffs for most countries, excluding China, triggering a rally in the crypto and stock markets.The S&P 500 rose by almost 6% after the announcement, while Bitcoin jumped from $75,000 to $83,000.Trump cited continuing disrespect and trade imbalance issues with China, increasing tariffs on Chinese imports to 125%.Cryptocurrencies, including Bitcoin, Ethereum, and XRP, responded positively to the tariff pause with significant gains.