#CryptoTariffDrop

On April 9, 2025, President Donald Trump announced a 90-day suspension of 'reciprocal' tariffs, establishing a base tariff of 10% on imports from most countries. This decision led to a significant increase in cryptocurrency markets, with the price of Bitcoin rising from less than US$$ 77.000 to approximately US$$ 83.000. Shares of cryptocurrency-related companies also experienced substantial gains, including Strategy (formerly MicroStrategy), up 24%, Robinhood Markets up 22%, Coinbase up 19%, MARA Holdings up 17%, and Riot Platforms up 11%.