Trump's 90-Day Tariff Pause Sparks Market Surge
The recent 90-day pause on most reciprocal tariffs announced by President Donald Trump on April 9, 2025, has led to a significant boost in both crypto and traditional financial markets. This move aims to calm market unease and address concerns from global trading partners, excluding China from the tariff pause. The pause has resulted in a surge in Bitcoin's price to over $82,000, with other cryptocurrencies like Ether and XRP also seeing notable gains. The US stock market has also responded positively, with historic gains in indices and European markets opening higher. As the 90-day window unfolds, market watchers will be closely monitoring policy signals and reactions from global trading partners.