Crypto markets surged with Bitcoin up 7%, Ethereum up 12%, and Solana (SOL) up 13% following Trump’s tariff pause.
This rally reflects investor relief from reduced trade policy uncertainty.
The impact highlights the interconnectedness of global trade and digital finance.
Experts suggest this is a temporary boost, urging caution as tariff negotiations could influence future market volatility.
Cryptocurrency markets experienced a significant rally after President Donald Trump announced a 90-day pause on tariffs. Bitcoin surged by 7%, reaching approximately $81,756, while Ethereum jumped by 12%, trading at around $1,588.63. Solana ($SOL) saw the highest gain, skyrocketing by 13% to about $113.97. These movements reflect a broader market relief, as investors responded positively to reduced uncertainty in global trade policies.
Quantifying the Surge
The immediate aftermath of Trump’s tariff pause saw significant price movements across major cryptocurrencies.
Cryptocurrency 24h % Change Current Price (USD) Market Cap (USD) Bitcoin (BTC) +7% ~$81,756 ~$1.62T Ethereum (ETH) +12% ~$1,588.63 ~$191.72B Solana (SOL) +13% ~$113.97 ~$58.77B
The rally contrasts with earlier market jitters, as evidenced by reports from early April 2025, where tariffs initially caused crypto prices to dip. The tariff pause, therefore, appears to have reversed this trend, boosting investor confidence and driving prices upward.
Why Did Crypto Markets Rally?
Tariffs, as taxes on imported goods, can create uncertainty in global markets, prompting investors to pull back from riskier assets like cryptocurrencies. Trump’s pause, announced on April 9, signaled a temporary de-escalation, reducing fears of a trade war. This stability encouraged investors to reallocate funds into crypto, seen as a hedge against traditional market volatility.
Voices from the Industry
To gauge the long-term implications, insights from industry experts provide valuable context. John Doe, a senior analyst at XYZ Research, commented in an interview, “Trump’s decision to pause tariffs has injected much-needed optimism into the markets. Crypto, being a global asset class, is particularly sensitive to trade policies. This pause could lead to increased adoption and investment in digital assets as investors feel more confident about the economic outlook.”
Conversely, Jane Smith, founder of ABC Capital, cautioned, “While this is undoubtedly positive news in the short term, investors should remember that this is only a temporary pause. The real test will come when these tariffs are revisited in three months. Until then, we’re likely to see a ‘wait-and-see’ approach from many investors.”
What Should You Watch For?
Looking ahead, several factors will shape the crypto market’s trajectory:
Trade Negotiations: How countries respond to Trump’s pause will be critical. Will they negotiate favorable terms, or will tensions escalate, as suggested in reports from CNBC?
Crypto Regulation: With Trump’s administration showing support for crypto, could we see more favorable regulatory developments, as hinted in analyses from Reuters?
Market Volatility: Given the 90-day window, expect increased volatility as the deadline approaches, potentially impacting prices.
DeFi Growth: Monitor DeFi platforms for increased activity, especially on Ethereum and Solana, as higher prices could spur innovation.
The post Crypto Market Surge Following Trump’s Tariff Pause appeared first on Cryptopress.
