Bitcoin Soars to $82K as Trump Halts Tariffs for 90 Days on Most Nations
Portfolio Pulse from
President Trump announced a 90-day pause on reciprocal tariffs for most countries, excluding China, which led to significant market optimism. Wall Street indexes rallied, with the S&P 500 rising 8.51%, while cryptocurrencies also experienced a substantial boost.
April 09, 2025 | 9:15 pm
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Bitcoin price jumped from $75,000 to $82,000 following Trump's tariff pause, driven by broader market optimism and reduced economic uncertainty.
The tariff pause reduced market volatility, increased risk appetite, and positively impacted cryptocurrency valuations, directly driving Bitcoin's price surge.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90