#TariffsPause

The price of BTC has risen to around $95,700, reflecting a notable recovery in the market following U.S. President Donald Trump's announcement of a temporary suspension of tariffs for 90 days on more than 75 countries, with the exception of China.

Supporting government measures: In March 2025, Trump signed an executive order to establish a strategic reserve of Bitcoin and other digital currencies, boosting confidence in the market and leading to a 27% price increase from its lows in April.

Trump's suspension of tariffs had an immediate and positive effect on the cryptocurrency market, resulting in rising prices and increased confidence among investors. However, the ongoing trade tensions and changing economic policies contributed to ongoing market volatility.