Bitcoin Market Soars Following Trump’s Tariff Relief Announcement

President Donald Trump announced substantial China tariff relief on April 22, 2025, impacting global markets including Bitcoin’s price surge. This move aims to alleviate trade tensions and positively influence Bitcoin sentiment. The market has reacted with anticipation, leading to a significant jump in Bitcoin prices from $76,000 to over $87,000, fueled by economic optimism and increased institutional interest in digital assets.