#CryptoTariffDrop
On April 9, 2025, President Donald Trump announced a 90-day suspension of reciprocal tariffs, introducing a flat 10% base tariff for most countries. This unexpected move sent Bitcoin (BTC) soaring from under $77,000 to approximately $83,000, as market sentiment turned strongly bullish.
Crypto Stocks Rally Alongside BTC Surge
The announcement triggered a sharp rally in crypto-related equities:
MicroStrategy rose by 24%
Robinhood climbed 22%
Coinbase jumped 19%
MARA Holdings added 17%
Riot Platforms gained 11%