Trump’s Tariff Pause Fuels Crypto Surge, Bringing Bitcoin Back Above $80K

After President Trump announced a 90-day pause on tariffs across most countries except China, the crypto market experienced a significant surge, driven in part by broader relief among equity markets. Bitcoin soared over 7% to reclaim its $80,000 mark. Ethereum and other leading cryptocurrencies followed suit, with XRP and Ether witnessing impressive gains of 12% and 10%, respectively. Cardano, BNB, SOL, and DOGE also experienced notable increases in price. The overall market cap saw a boost of 6%. Crypto futures witnessed nearly $350 million in liquidations, a positive sign that indicates the market is stabilizing following recent losses.