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Bitcoin made a sharp upward move following a surprising policy update from former U.S. President Donald Trump. In a post on Truth Social, Trump announced that the U.S. will raise tariffs on China to 125%, while pausing tariff enforcement for 90 days on over 75 non-retaliating countries. The move triggered a 6% jump in Bitcoin’s price, with the leading cryptocurrency trading around $82,200 at press time.
This development follows a turbulent period marked by geopolitical uncertainty and escalating U.S.–China trade disputes. Turkish NY Radio notes that markets had been reeling since April 2, when Trump’s earlier statements ignited fears of a prolonged economic conflict.
Why Bitcoin Is Reacting Strongly
Market analysts suggest that Bitcoin’s rise is tied to renewed investor interest in alternative assets amid geopolitical volatility. Historically, BTC has benefited from macro-level instability as investors seek assets that are resistant to political influence and central bank control.
While the crypto market was already on shaky ground after testing lows near $74,436, Bitcoin showed unexpected resilience. Despite gloomy forecasts from some analysts predicting deeper dips, BTC held strong—proving once again its ability to weather uncertainty better than many traditional markets.
The 90-Day Window: A Temporary Relief?
Trump’s temporary suspension of tariffs for select countries brought short-term relief to markets. However, the pause is not a resolution, and market sentiment remains mixed. The Turkish NY Radio editorial team points out that this grace period may only delay broader market reactions, especially if tensions with China intensify.
Moreover, Trump’s comments included a flat 10% tax for nations engaging diplomatically with the U.S., a signal that the administration might be exploring a more structured global trade policy.
Final Thoughts
Bitcoin’s recent surge may be rooted more in macroeconomic anxiety than in crypto fundamentals. As traditional markets digest evolving tariff strategies and their global ripple effects, crypto traders are watching closely. The next few weeks could determine whether this BTC spike is the start of a broader trend—or a short-lived reaction.
References & Sources
- Trump’s Tariff Announcement and Trade Strategy
- Truth Social Official Account – Donald J. Trump
- 📌 Source: Truth Social – @realDonaldTrump
