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Home CRYPTO BITCOIN

Crypto Market Soars as Trump Pauses Tariffs, Bitcoin Reclaims $80K​: Which Cryptos Should You Buy?

Michael Juanico by Michael Juanico
April 9, 2025
in BITCOIN, CRYPTO, ETHEREUM, FINANCE, OPINION, POLITICS, SOLANA
Reading Time: 2 mins read
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  • Trump paused tariffs for all countries except China, which now faces a 125% duty.
  • Bitcoin jumped past $80K and altcoins like XRP and Solana surged over 10% on the news.
  • The Dow soared 2,000 points after Trump’s tariff reversal sparked investor optimism.

In a sudden (and kinda surprising) move today, President Donald Trump announced a 90-day pause on all U.S. tariffs—except those aimed at China. And yeah, the markets exploded.

Right after the announcement, Bitcoin flew past $80,000, while altcoins like XRP, Solana, and Cardano jumped more than 10% within minutes. It wasn’t just crypto feeling the buzz—the Dow Jones spiked over 2,000 points, as investors scrambled to react to the news.

JUST IN: Over $100,000,000,000 has been added to the crypto market over the last hour 👀

• Bitcoin $BTC: +5.8%

• Ethereum $ETH: +8.5%

• Ripple $XRP: +11.3%

• Solana $SOL: +12.5%

• Cardano $ADA: +10.0%

• Dogecoin $DOGE: +10.8% pic.twitter.com/BPaligQjsZ

— BlockNews (@blocknewsdotcom) April 9, 2025

Trump Walks Back, Kinda… But China Still in the Crosshairs

So here’s the deal—Trump’s tariff-heavy strategy has been shaking markets for weeks. After slapping China with a jaw-dropping 104% tariff just last night, he’s now walked things back. Well, sort of.

The tariffs against other countries? On pause. For now. The ones against China? Nope—they just got bumped to 125%.

Bitcoin Btc Price Chart

The news broke around 1:30 PM Eastern, and almost instantly, the markets roared to life. The Dow shot up, tech stocks rebounded, and crypto? It practically sprinted.

There’s still a lot of uncertainty ahead, but for today at least—Wall Street is breathing a little easier.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: CardanoDonald TrumpSolanatariffxrp
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Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

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