Trump Tariff News Fuels Bitcoin's 7% Jump, Crypto Market Hits $2.61T

Published • 10 April 2025 at 8:43 AM

Bitcoin surges past $82K as Trump halts tariffs; crypto market rallies with strong gains — Bitcoin price jumps over 7% to $82,000 after Trump’s 90-day tariff pause boosts crypto market

Mint

Bitcoin jumped more than 7% to top $82,000 after US President Donald Trump announced a 90-day pause on planned tariff hikes for several countries. The move boosted investor appetite for riskier assets, driving crypto markets higher. Bitcoin hit an intraday high of $83,453 and was trading at $81,917.94 with a $1.61 trillion market cap. The tariff pause excludes China, which now faces a 125% tariff after retaliating with an 84% duty on US goods. Despite ongoing trade tensions, the crypto market responded positively, with total market cap rising 7% to $2.61 trillion. Ethereum surged 9.8% to $1,610.55, while XRP and Solana each gained over 10%, and BNB rose 5%. Analysts noted Bitcoin's break above the $81,800 resistance could signal a sustained bullish trend. Top gainers include Fartcoin +44%, Flare +35%, Pendle, and Ondo (both +22%).

Key Highlights

Bitcoin jumped over 7%, topping $82,000 after a 90-day tariff pause was announced by US President Donald Trump.
The pause excludes China, which now faces a 125% tariff after retaliating with an 84% duty on US imports.
Investor confidence in risk assets like cryptocurrencies increased following the announcement.
Bitcoin's intraday high reached $83,453; it was trading at $81,917.94 with a $1.61 trillion market cap.
The global crypto market cap rose 7%, reaching $2.61 trillion.
Ethereum surged 9.8% to $1,610.55.
XRP and Solana each jumped over 10%, while BNB rose 5%.
Bitcoin broke key resistance at $81,800, signaling a possible continuation of the bullish trend.
Top altcoin gainers: Fartcoin: +44%, Flare: +35%, Pendle & Ondo: +22%