Bitcoin, crypto prices pump as Trump pauses tariffs for 90 days
- Bitcoin surged above $80,000 after President Trump announced a 90-day tariff pause for 75 countries, while China’s was increased to 125%.
- Ethereum, XRP and SOL have gained more than 10% since the announcement.
- The rally mimics that of the stock market, where the Nasdaq-100 is on track to record its fourth-best trading day in history.
Bitcoin (BTC) and several top cryptocurrencies rallied on Wednesday after President Donald Trump announced the United States (US) would pause its reciprocal tariff on 75 countries following their failure to retaliate and the opening of negotiations with key government agencies.
Bitcoin, crypto and stocks soar following Trump’s tariffs pause
In a Truth Social post on Wednesday, President…
