Bitcoin and Crypto Surge as Global Stock Markets Plummet

Bitcoin broke past $77,000 on April 9th, gaining over 0.4% despite a broader sell-off in traditional financial markets. Ethereum followed with a modest gain, hitting $1,471, while XRP witnessed a similar upward trend, increasing to $1.81. This surge contrasted sharply with the stock market’s decline as trade tensions mounted. U.S. President Trump’s announcement of new tariffs on imports from China, which saw rates ranging from 104% to 46%, contributed significantly to global market volatility.