Trump’s recent decision to pause tariffs for 90 days, particularly on Canada and Mexico, brought a wave of optimism to the financial markets, including crypto.
Bitcoin jumped above $82,000 and Ethereum saw gains as investor sentiment improved with reduced fears of an escalating trade war.
Crypto-related stocks like MicroStrategy and Coinbase also rallied in response. This tariff delay eased economic uncertainty, boosting confidence in riskier assets like digital currencies. However, since the pause is temporary, the crypto market may still face volatility depending on future trade policy shifts.