Bitcoin Pumps to $83k on Trump’s Tariff Pause, ETH Spikes 12%
In a sudden market pump after Trump’s 90 day tariff pause move, Bitcoin price spiked nearly 10% to $83k with the whole crypto market seeing an uptrend today. The price of ETH also went up over 12% while leading altcoins gained over 10% in hours.
For the past two weeks, the crypto market was going through a major sell-off amid the tariff tension between the U.S. and other countries. However, the market reacted with renewed optimism as Trump announced relief yesterday and sent hopes for recovery for the next three months.
At the time of writing, Bitcoin price is trading near $81,600, which has increased 7.14% in the past 24 hours. It surged from the daily low of $75,858 to as high as $83,453 on leading crypto exchanges. The 24 hour…
