Wednesday afternoon, Bitcoin surged 7% to $82,305, after the President announced his 90-days Trump tariff pause, igniting a cryptocurrency market rally fueled by anticipation of easing trade tensions and macroeconomic stability.
Trump pausing tariffs created a rebound following Bitcoin’s earlier dip to $74,567, all while the 10-year Treasury yielded a spike above 4.51%, during of which Altcoins outpaced Bitcoin’s gains, with Ether, Dogecoin, and XRP jumping more than 12%, while Solana led with a 14% surge in value, highlighting a broad cryptocurrency market optimism.
Crypto Stocks Rally Alongside Bitcoin
Bitcoin proxy stock, MicroStrategy, jumped a massive 23%, and Robinhood climbed 24%. Coinbase, the big cryptocurrency exchange, also posted a significant 17% increase. The gains followed a broader bounce in the equity market, as the S&P 500 posted its biggest gain since 2008.
https://twitter.com/SawyerHackett/status/1910022039466828012
The Trump pause on tariffs made clear that he had “authorized a 90-day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately.”
He further said that he plans to increase tariffs in China to 125% in the future.
“Trump’s 90-day tariff pause is a strategic breather — he’s easing short term market pressure without giving up leverage, sending a clear signal that his approach to trade is transactional, not ideological,” said Ben Kurland, CEO at crypto research platform DYOR. Trump tariff pause is seen an attempt to ease tensions, but experts are cautious on its longer-term prospects.
Bitcoin’s downturn below $80,000 earlier this week was short-lived, with the cryptocurrency continuing to trade in a range of $80,000 to $90,000 for most of 2025. Bitcoin has experienced swings in price driven largely by broader market trends and political instability around Trump tariffs paused since reaching its all-time high in January.
Bitcoin is down roughly 12% year-to-date and almost 25% off its all-time high. Yet its recent rebound highlights the degree to which the cryptocurrency market is involved in global economic concerns, from trade policy to inflation worries.
Final Thoughts
Despite volatility and uncertainty pursuing traditional finance for so long, the current market sentiment reflects the rising confidence investors hold in the crypto space. This reflects trust in cryptocurrencies as a transformational force that will shape world finance in the long term.
Is the market’s optimism justified or will Trump’s influence lead to unstable swings that reverse crypto’s growth? Only time will tell whether this confidence will stay steady or be influenced by external forces.
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