XRP, BTC, ETH Price Prediction as Trump cuts tariffs for all nations except China
The post XRP, BTC, ETH Price Prediction as Trump cuts tariffs for all nations except China appeared on BitcoinEthereumNews.com.
XRP, BTC, ETH price prediction: Crypto markets surge 5.5% adding 94.5 billion in market capitalization as Trump tariff reversal triggers renewed bullish momentum. XRP, and ETH outperforming BTC rally as Trump slashes global tariffs, excludes China The global cryptocurrency market staged a sharp rebound on Wednesday, climbing back above a $2.7 trillion total market capitalization, after former U.S. President Donald Trump announced a sweeping revision to his controversial tariff policy. The decision, which reduces tariffs for all U.S. trade partners to a flat 10% rate—excluding China—was met with a surge in investor confidence across global financial markets, including digital assets. Bitcoin price action, after Trump’s tariff rollback on April 8 2025 | Source: Coingecko Bitcoin (BTC) led the rebound, recovering from a steep intraweek decline that had seen prices fall to $74,600. By mid-Wednesday, BTC had surged 6.5% to trade above $82,600, as traders digested the implications of the trade policy shift. Ethereum (ETH) and Ripple’s XRP posted even stronger rallies, each gaining over 10% in the hours following the announcement, outperforming Bitcoin in percentage terms as the market repriced reduced geopolitical risk and renewed liquidity flows. How will Bitcoin, Ripple (XRP) and Ethereum (ETH) prices react to Trump’s tariff cuts? The policy shift marks a significant U-turn for Trump, whose initial sweeping tariffs triggered panic selling across equities, commodities, and crypto markets. The original policy, announced April 2, had proposed increased duties on all imports from U.S. trading partners, drawing criticism from global leaders and prominent U.S. Billionaire investors including Blackrock CEO, Larry Fink, and Jamie Damon, while Elon Musk also posted a Milton Freidman video from the 1970, criticising trade tariffs as an act of war, rather than a policy that stimultates long-term growth. Coingecko crypto markets grew 5.5% within hours of Trump’s reversal of the sweeping tariffs.…
Filed under: News - @ April 10, 2025 11:32 am