The post Best Crypto to Buy Now as Bitcoin Rally Accelerates Beyond $84K appeared on BitcoinEthereumNews.com.

After following a three-month downtrend, Bitcoin has finally moved above its $84K resistance, thanks to Donald Trump’s tariff relief for certain key tech companies. While this could be attributed to the fact that Bitcoin has been building up a lengthy bullish divergence pattern, another likely reason is the tariff relief granted to key tech companies. Essentially, President Trump has exempted several crucial tech products from the new tariffs. The list of exempted products was published and includes 20 key categories. This suggests that global regulations still carry some technological nuance. As a result, the Bitcoin sell-off frenzy has subsided. The price chart shows that transaction volume over the past 24 hours has dropped by 33%. So, while new buyers aren’t flooding in, both institutions and retail investors have chosen to stay in the game. That presents an opportunity to load up on the best crypto to buy now, especially with positive sentiment building around where the market could be headed next. Trump Tariff Exemptions and What They Could Mean for the Cryptocurrency Space As already mentioned, Donald Trump has exempted products under 20 categories, all of which revolve around tech. The list includes the very broad 8471 code that covers computers, disc drives, laptops, and automatic data processing equipment. Semiconductor devices, memory chips, and flat panel displays have also been exempted. The Kobiessei Letter on X commented on these exceptions: “The US imports over $60 billion of smartphones per year. These exemptions cover some of the most crucial imports in another sign of the US conceding in the trade war. After all, the bond market is forcing Trump to concede.” However, Republicans have provided no explanation for why this move was taken. So, there are two ways to look at this. One, the US government may have realized the damage…

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Filed under: News - @ April 13, 2025 5:24 am