#CryptoTariffDrop U.S. Tariff Adjustments and Their Impact on Cryptocurrencies

On April 9, 2025, U.S. President Donald Trump announced a 90-day pause on tariffs for over 75 countries, excluding China, which faced an increased levy of 125%. This decision led to a notable surge in the cryptocurrency market, with Bitcoin’s price rebounding above $80,000.  

Market Reactions

The announcement had immediate effects on the crypto market: 

• Bitcoin (BTC): Experienced a surge, surpassing the $80,000 mark. 

• Altcoins: Cryptocurrencies like XRP, Solana, and Cardano saw increases of over 10% shortly after the announcement. 

Pakistan’s Strategic Initiatives

In response to global shifts and domestic energy dynamics, Pakistan is exploring the utilization of its surplus electricity for Bitcoin mining and AI data centers. Bilal Bin Saqib, head of Pakistan’s Crypto Council and adviser to the finance minister, indicated that the government is in discussions with several mining firms to establish operations in regions with excess power availability. 

Additionally, Changpeng Zhao (CZ), founder of Binance, has been appointed as a strategic adviser to the Pakistan Crypto Council. His role encompasses supporting blockchain infrastructure, advising on regulatory frameworks, and assisting with national initiatives related to digital currency and mining.  

Conclusion

The recent tariff adjustments by the U.S. have had a pronounced impact on the cryptocurrency market, leading to significant price movements. Concurrently, Pakistan’s initiatives to leverage surplus energy for crypto mining and AI data centers highlight the country’s intent to position itself strategically in the evolving digital economy.