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From Panic to Pump: Trump’s Trade Shift Ignites Crypto Comeback

  • 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.

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