Bitcoin (BTC) Price: Jumps 7% to $82,000 Following Trump's 90-Day Tariff Pause
Bitcoin jumps 7% to $82,000 as Trump pauses tariffs for most nations except China, while the broader crypto market follows suit.
Keep up with what's happening in the crypto world in real-time.
Bitcoin jumps 7% to $82,000 as Trump pauses tariffs for most nations except China, while the broader crypto market follows suit.
Ethereum touches historical bottom price level while showing recovery signs after SEC approves ETF options trading despite ongoing network challenges.
The financial markets experienced one of the most important days of the year yesterday, after President Donald Trump decided to temporarily suspend the increase in tariffs on imports from all countries, except for China, for which the levy was increased to a significant 125%. A move that led to a wave of relief not only in the stock markets but also in the cryptocurrency sector, pushing Bitcoin (BTC) and other major tokens to spectacular bull rallies. The most capitalized cryptocurrency in the market recorded an impressive surge, reaching almost $82,000. This upward move led the entire cryptocurrency market, pushing other digital currencies to double-digit gains. In particular, XRP and Ethereum (ETH) rose by 12%, while Cardano (ADA), Solana (SOL), BNB, and Dogecoin (DOGE) saw an average increase of 10%.
The total crypto market cap is up by over $100 billion daily.
XRP rebounds to $2 after Trump's tariff pause announcement, while analysts project potential for significant future growth based on technical patterns.
Binance has launched the second round of its Vote to Delist campaign, inviting users to vote on whether 17 tokens with the “Monitoring” tag should be removed from the platform.
SOL, the native token of the Solana blockchain, is poised for a massive upside rally as market sentiment begins to shift and whale activity increases. Recently, the blockchain-based transaction tracker Whale Alert posted on X (formerly Twitter) that a crypto whale had moved 1,030,000 SOL, worth $110.29 million, from the Kraken exchange.
Solana jumps 12% above $100 support but faces resistance at $120 with mixed technical signals, while long-term projections remain optimistic despite potential bearish cycle in 2025.
A volume drop of such magnitude suggests traders and investors are losing interest or confidence, possibly due to uncertainty, fear, or waiting for better conditions.
Binance now has a new yield token that offers a dual reward to investors who can simultaneously earn and trade with the token.
In a closely contested Senate vote (52-44), Paul Atkins was announced as the US SEC Chairman, signaling a potential shift toward a more crypto-friendly regulatory approach.
Despite breaking above $3 earlier this year, the XRP price has since gone on to disappoint investors with multiple crashes that have rocked the altcoin. This has seen the cryptocurrency lose almost 50% of its acquired value between late 2024 and early 2025.
PEPE's short-term price action might take an interesting turn soon
New York State may soon explore the application of blockchain technology in its electoral processes. Assemblyman Clyde Vanel has introduced a bill aimed at assessing how blockchain can support election transparency and reduce voter fraud.
A New York assemblyman has filed a bill urging the State Board of Elections to study how blockchain technology could be utilized to protect voters' data during U.S. elections.
Synthetix stablecoin sUSD has fallen 6% in the last day to trade at $0.8597, continuing the recent decline below its $1 peg. At the same time, 24-hour trading volume has jumped nearly 487% to over $2.
The global financial market got a much-needed relief after U.S. President Donald Trump announced a 90-day pause on import duties for most countries, except China. Following the news, Bitcoin's price shot up by 7% in a single day, reaching $82,000, while other U.S. stocks & mining firms even joined the rally.
"Nothing official has been done yet to effectuate the public announcement," Fred Rispoli argued.
Synthetix had another de-peg of its asset-backed sUSD token. The stablecoin slid to $0.83 due to the transitional period of minting from a new staking pool.
Institutional crypto investment firm VanEck has stated that China and Russia are reportedly settling some energy transactions in Bitcoin.
Thailand's SEC has amended digital asset and cybercrime laws, targeting crypto mule accounts and restricting foreign crypto P2P platforms.
BNB Chain has partnered with global crypto exchange MEXC to bring faster listings and market support for its ecosystem projects. On April 9, MEXC announced on its blog that it has partnered with BNB Chain.
Bitcoin is making headlines not just for its price movement but for what's happening behind the scenes. In the days leading up to the U.S. Consumer Price Index (CPI) release on April 10, crypto investors have moved a huge amount of Bitcoin over 22,000 BTC worth $1.82 billion into Binance.
Cardano price has returned to the upside on a broader market recovery, but faces potential rejection near its VWMA level.
