Markets surge on Trump’s tariff pause — but Bitcoin’s recovery may not hold
On Apr. 9, President Donald Trump posted an unexpected update on Truth Social, temporarily walking back one of the most aggressive trade policies in recent memory.
In a brief yet impactful message, he announced a 90-day suspension of reciprocal tariffs affecting over 75 nations, replacing them with a streamlined 10% flat rate — China being the only exception.
BTC rose more than 6% in the 24 hours following the news, reaching around $81,650 as of writing on April 10. The rebound followed a steep drop during the initial tariff rollout, when Bitcoin had slipped 10% to around $74,500.