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.
