Crypto Market Today: Trump Tariff Pauses, Bitcoin Price, Ripple XRP News, and More

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.

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.

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.