#TariffsPause Markets snapped back from recent lows after US President Donald Trump announced a 90-day suspension of newly imposed tariffs against most nations. The announcement came just days after the measures went into effect, helping to reverse a wave of volatility that had echoed the market chaos of early 2020.

The S&P 500 surged 9.5% following the decision, its strongest single-day performance since 2008. Crypto markets also saw a broad-based rally. $BTC Bitcoin (BTC) climbed over 5%, trading above $81,000, while Ethereum (ETH) jumped nearly 8%. Smaller-cap tokens posted even larger gains, with some altcoins gaining more than 10% over 24 hours.