U.S. President Donald Trump’s unexpected tariff announcement sent shockwaves through financial markets, leading to a surge in both traditional and cryptocurrency sectors. While the S&P 500 and Nasdaq saw significant gains, reaching new highs, investors are awaiting crucial inflation data for a clearer picture of market stability. The cryptocurrency market responded with notable price increases for Bitcoin and Ethereum. However, this rapid climb was followed by substantial liquidations as short positions were rapidly unwound. Despite the market’s optimistic response to Trump’s statement, some experts express skepticism about the long-term sustainability of the gains.