The post Trump Folds, 90-Day Pause On All Tariffs Except China appeared on BitcoinEthereumNews.com.

Crypto prices are pumping as Donald Trump is the first to blink in his stare-off against the US equity and bond markets.  Taking to Truth Social, the US President announced a 90-day pause on his reciprocal tariffs on all nations except China, sticking with the baseline 10% rate.  With respect to China, Trump raised duties on all imports to 125%, retaliating against China’s hike to 84% earlier today.  The Bitcoin price bounced up to $82,900 following the delay announcement, after trading as low as $74,500 on Tuesday. Large-cap altcoins — Ethereum, XRP, Solana, Dogecoin, etc. — are up by double digits and extremely close to securing key bullish continuations.  Donald Trump’s 90-day Tariff Sends Stocks, Crypto Flying Donald Trump’s 90-day pause on tariffs on all nations except China provided much-needed respite for the stock, bond and crypto markets.  The Nasdaq Composite closed Wednesday’s trading session 12.1% in the green, its second-largest intraday gain in history.  Meanwhile, Dow Jones closed the day up 3000 points for the first time in history.  Crypto prices are soaring as well. The Bitcoin price jumped up by over 11% from Tuesday’s lows, trading as high as $82,900 before a marginal pullback.  Large-cap altcoins, including Ethereum, XRP, Dogecoin and Solana, are up by over 10% each, while Flare, Fartcoin and Pendle have soared by more than 30% and are among the top performers.  Is The Crypto Bull Market Back? Sidelined investors need to exercise caution while buying crypto and stocks, despite Wednesday’s rally. Chief Economist and Global Strategist at Europac, Peter Schiff, claims that the market’s bullish reaction is a bear market rally, an opportunity for holders to sell.  Today’s U.S. stock market rally is a bear market rally, and likely an opportunity to sell. 10% across the board tariffs remain in effect, and there will…

---

Filed under: News - @ April 10, 2025 12:27 am