Trump’s tariff pause sparks crypto buying frenzy led by BTC, XRP, and CARTFI
The post Trump’s tariff pause sparks crypto buying frenzy led by BTC, XRP, and CARTFI appeared on BitcoinEthereumNews.com.
CartelFi (CARTFI), a meme coin project with yield farming, has seen its presale soar past $500k in 24 hours. This comes as Bitcoin, XRP rise amid latest shift in sentiment. CartelFi presale could offer a notable buying opportunity. The global markets are surging after US President Donald Trump announced a 90-day pause to tariffs for several countries. As investors bought the dip for Bitcoin, XRP and other assets, interest in CartelFi, the new, cartel-themed yield farming protocol, also showed as its presale jumped to over $500k. With prices currently at just $0.0251, what does the broader market outlook mean for CARTFI? Stocks, crypto surge on tariffs news Global financial markets erupted in enthusiasm after US President Donald Trump unveiled a 90-day tariff suspension for multiple nations. Investors seized the moment, driving up Bitcoin, XRP, and other cryptocurrencies, while stocks rose across the board. After US indices shot up on Wednesday, Asia and Europe followed, with this marking a dramatic shift as Trump’s tariff rollback ignited investor interest. Trump’s decision to slash tariffs to 10% for 90 days, a stark pivot from his earlier hardline stance, reversed the trend for major indexes in the US. The S&P 500 surged by more than 9%, marking its third-biggest daily leap since the second World War. Meanwhile, the Dow climbed 7.87%, its strongest showing since March 2020, while the Nasdaq soared 12%, its second-best day in history. In crypto, Bitcoin reclaimed $80,000 and rose as high as $82k on major exchanges. The same gains reflected in altcoins, with XRP, Ethereum and Solana among top gainers. However, the upward momentum wasn’t restricted to stocks and top cryptocurrencies by market cap. Small cap alts, including meme coins also surged. As well, investors showed interest in positioning with new tokens as they flocked to projects like CartelFi.…
Filed under: News - @ April 10, 2025 9:21 am