$BTC The stock and crypto markets are jumping after some surprising news about U.S. tariffs. Just 13 hours after new tariffs were introduced, they were suddenly put on pause, and that helped push markets up in a big way.
What Happened?
Earlier, the U.S. government announced a 10% tariff on all countries, but many people didn’t like it—especially since it included friendly countries like Singapore, which don’t have tariffs on U.S. goods. Now, that blanket 10% tariff has been removed.
Also, President Trump shared on Truth Social that he's pausing tariffs for 90 days for countries that are willing to negotiate better trade deals. This doesn't mean the tariffs are gone forever—just on hold for now. We've seen similar pauses before with countries like Mexico and Canada.
China Gets Hit Harder
While most countries are getting a break, China is not. In fact, tariffs on Chinese goods have been increased to 125%. Trump said it’s because of China’s “lack of respect.” China didn’t stay quiet—they hit back with their own 84% tariffs on U.S. goods and started selling U.S. bonds.
This means the trade conflict is now focused more on U.S. vs. China, instead of U.S. against the whole world.
Market Reaction
The markets reacted fast and strong:
Dow Jones jumped over 2,300 points
S&P 500 rose 380 points
NASDAQ went up 1,400 points
But the biggest jump came in crypto:
Bitcoin soared by $6,000 in minutes, climbing back to $82,000
Coins like XRP, Solana, ADA, Chainlink all went up 13–18%
It looks like a V-shaped recovery is forming—a sharp drop followed by a quick bounce back
What This Means for You
This shows how fast markets can change. There was a lot of fear just a day ago, but now there's hope again. The crypto market especially moves quickly and can bounce back fast.
However, it’s important to remember: the 90-day pause doesn’t mean the tariffs are gone for good. The trade fight is still happening, especially with China, and some tariffs with Mexico, Canada, and the EU are still in place.
Final Thoughts
For crypto holders, this was a good reminder to stay strong. As the host said, "Bitcoin and crypto are the fastest horses in the race." When the market is ready to rise, they lead the way.
Buy
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