Trump’s 90-Day Tariff Suspension Sparks 10.7% Bitcoin Surge to $83K — What Happens Next?
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Donald Trump announced on April 9, 2025 that his administration would hold tariffs in suspension for ninety days affecting most countries and thus disrupting economic market stability. When President Donald Trump made his announcement regarding bitcoin price volatility leaped from its pre-announcement value of $75,000 until it reached its peak at $83,000 and maintained that level for approximately ten hours. This move created a 10.7% price jump within that short amount of time.
Impact of Tariff Suspension on Cryptocurrency Markets
The three-month tariff suspension created a risk-friendly environment for market investors because it seemed to reduce current trade conflicts. The positive market reaction linked cryptocurrency to standard equity markets. The S&P 500 reached its highest daily increase since 2008 when it gained 9.6%, followed by the Nasdaq Composite, which soared 12.2% during this period, setting its second-record-highest-ever gain.
Chart 1 – Published on Santiment, April 10, 2025
The market capitalization of stocks related to cryptocurrency demonstrated positive upward trends. Microstrategy’s cryptocurrency-related stock value jumped 25%, while Coinbase Global’s stock price boosted 19%. Policy changes and market forces create connections that impact sectors that respond intensely to official actions.
Market participants need to approach investments carefully, although policy decisions trigger short-term market fluctuations. Fundamental market conditions, together with global alignments, determine long-term asset performance metrics. Financial success in these conditions will require constant information updates combined with adaptable strategies as the situation continues to evolve.
Market Analysis: Bitcoin’s Future After Tariff Suspension
The current Bitcoin Trend is characterized by a significant increase in price. The price on the 5-minute BTC/USDT chart on Binance reached close to $83,000 resistance after a fast upward movement displayed in red before reaching its peak on Binance. A MACD Golden Cross emerged before the start of this fast price movement, which indicated a bullish trend was growing strong. The trend slowed down when price entered into the overbought territory on the RSI two times, which started a consolidation phase. The uptrending line acted as support through price gains, yet a subsequent break from it caused prices to fluctuate between $81,000 and $83,000.
Analyzed by Triparna Baishnab, published on TradingView on April 10, 2025.
Understanding the Bitcoin Trend is crucial for investors. The cryptocurrency BTC maintains positions above its vital support zones located at $81,000 (green support region). This important location has previously faced numerous tests without substantial price loss. The RSI remains within the neutral range at 44, thus indicating a weakening bullish momentum alongside market indecision. Market momentum shows signs of slowing down after the recent rally; therefore, traders need an outright breach of $83,000 to validate bullish momentum or a drop below $81,000 to signal a market reversal.
Will the Tariff Suspension Continue to Drive Bitcoin’s Price Higher?
The announcement from Donald Trump to suspend tariffs for 90 days on April 9, 2025, triggered a fast-paced Bitcoin price surge of 10.7% that reached $83,000 during this time. The sudden price movement between crypto and traditional stocks tracked each other because the S&P 500 and Nasdaq Composite experienced significant rallies in history. The positive market trend affected share prices of MicroStrategy and Coinbase, which reinforced growing evidence of crypto market convergence with investor dynamics shaped by policy measures.
The BTC price currently consolidates despite initial bullish momentum caused by the MACD Golden Cross and RSI overbought signals, but remains uncertain. Market participants need to exercise caution because the momentum has weakened around important resistance and support barriers. Positioning for long-term success within volatile markets will require continuous analysis of geopolitical changes, technical market indicators, and strategic implementation adaptations.
The post Trump’s 90-Day Tariff Suspension Sparks 10.7% Bitcoin Surge to $83K — What Happens Next? appeared first on Coinfomania.
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