The price of Bitcoin (BTC) rises to $ 81k in Trump’s tariff pause; SOL, XRP, DOGE RALLY 10%
Cryptocurrencies jumped on Wednesday with the news that Donald Trump returned to some tariff burdens in countries – except China.
According to Trump’s post on Truth Social, he released a 90-day delay in tariffs and a huge drop of 10% tariff reward rate for this period against all countries except China. Meanwhile, he said he raised tariffs for China by 125%, “effectively.”
Bitcoin (BTC), treading water around $ 77,000 during most of the US session, rose above $ 81,000 in the news, up to 5.5% in the past 24 hours.
Altcoin’s majors rally even more, including XRP, Solana’s Sol, Avalanche’s Avax, Chainlink’s Link, Hedera’s Hbar and Sui who posted more than 10% of the Broad-Market CoinDesk 20 index. Ethereum rallied for $ 1,600, up to 8% at the same time.
US stocks also reacted positively, including the NASDAQ and the Tech-Heavy S&P 500 indexed 7% and 8.8% in the day’s session.
Earlier Miyenes, Trump has been posted that it is “a great time to buy.”
