The U.S. stock market experienced a historic surge of over $3.5 trillion in a single day following President Donald Trump’s announcement of a 90-day tariff pause, according to data from Marketwatch. This massive jump represents an increase equivalent to the entire crypto market cap at its all-time peak in late 2024. The news triggered significant global market ripples as it included a steep 125% tariff hike on Chinese goods, but optimism abounds within the cryptocurrency community. Bitcoin’s price soared 6.5%, breaking above $82,000 and contributing to a notable 7% increase in the overall crypto market cap. This surge is one of the largest single-day gains for the S&P 500 index since 1923. The S&P 500, a key barometer of the U.S. economy, experienced a 5.8% increase, reaching a new high of 5,451.96 on April 9, 2025. Data from Watcher.Guru suggests that across various sectors, tech giants such as NVIDIA, Apple, Microsoft, and Google saw significant gains (13.56%, 11.50%, 8.23% and 7.11% respectively). While the stock market’s surge is a positive indicator for many investors, it also serves as a reminder of crypto’s vulnerability to broader market sentiment. This recent surge in U.S. stocks contrasts with earlier concerns about Trump’s tariffs and Bitcoin price drops. The future remains uncertain as global markets continue to adjust to the latest trade war developments, leaving the crypto sector questioning its potential to benefit from the same market momentum witnessed in traditional finance.