Why Crypto Market Is Up Today: Trump’s Tariff Pause Sends Bitcoin to $82K
The crypto market just got a surprise boost—thanks to Donald Trump. In a sudden policy flip, Trump paused the global tariff war for 90 days, sending shockwaves through financial markets. Cryptocurrencies responded fast, with major coins like Bitcoin, Ethereum, and XRP all soaring.
Tariff War Still Playing Hide ‘n’ Seek
Interestingly, while Trump paused most tariffs, he also escalated things with China. Tariffs on Chinese goods were bumped up to 125%, following a sharp response from Beijing, which threatened 84% tariffs on U.S. imports. Trump justified the reason behind the move by accusing China of “disrespect” in trade negotiations.
Still, for a market that was in deep red just days ago, Trump’s pause has sparked real hope and reminded everyone that in crypto, one headline can change everything....#TrampTarrif #TariffsPause #MarketRebound #CPI&JoblessClaimsWatch #STAYSAFU