According to MarketWatch, the financial markets have risen after Trump 90 Day Pause on tariffs. U.S. President Donald Trump announced that there would be a 90-day pause on tariffs on imports from more than 70 countries.
These moves have boosted the crypto market and the stock market. Bitcoin has surged and is close to the level of $85,000. Even other coins like Ethereum, Solana, Flare and meme coins such as Pepe saw a big gain.
This positive momentum has also helped the stock market, along with the Nasdaq, to rise from 100 to over 310 points. Many Big tech companies, such as Apple, Microsoft, NVIDIA, and AMD also saw a rise.
Trump’s minute decision to leave our smartphones and semiconductors from the list of tariffs also helped, as it helped to avoid a 145% tax on Chinese electronics.
Trump 90 Day Pause Gives Relief But May Not Last
Trump’s decision to put a pause on tariffs was seen as a smart move by many investors, as this decision might helped to improve relations with other countries like Japan and South Korea. These helped to ease the trade tensions, and people felt more confident to invest in riskier assets like cryptocurrencies.
But still, investors are being careful because Trumps often change his policies without even giving any warnings. For example, he suddenly removed the smartphones from the tariffs list. So their are still changes that trump 90 day pause can be removed at any time. It might then cause a big problem in the global market, and the crypto market, which is already unstable, might even drop quickly.
Leverage-Based Rallies Could Lead to Big Sell-Offs, Analysts Say
Experts warn that even though the market is recovering, the current price surge might not be completely genuine. According to CryptoQuant’s data, Bitcoin price is running a bull race amid leveraged trading, This is a type of trading that allows BTC holders to trade with more money than they actually have. They borrow money to trade more.
Analyst Maartunn said that this surge is affecting other cryptocurrencies like Ethereum and Ripple. This trend caused concern about the stability of the market. If the rallies are driven by leverage, then it can lead to big sell-offs if the momentum is stopped or reversed. In the future, the market might become more volatile if the funding rates and open interest increase.
Bitcoin Tests Crucial Resistance Levels
According to source Bitcoin is at around $84,900 and is testing key levels of the 200-day EMA and SMA, which are around $87,300. If BTC could break above these levels and pass its recent high of $88,800, then it could change the trend, and the price might even rise to $94,000.
However, the recent trend can be reversed, and Bitcoin might drop to $80,000 if it fails to keep this momentum or if it falls below the support level of $82,000.
Conclusion:
Trump 90 day pause on tariff has temporarily boosted the crypto and stock markets. The price of Bitcoin has risen to $85,000, which shows that investors are positive, but experts warn that this growth might not be organic and could be driven by leveraged trading. Investors should remain alert, as Trump can change the policy at any time.
FAQs
1. What exactly did Trump pause?
He paused tariffs on goods from 70+ countries.
2. What influences the Bitcoin price surge?
The Bitcoin price surge was influenced by the Trump 90 day pause on tariffs.
3. At what price Bitcoin is currently Trading?
The current price of BTC is near $85,000.
4. Which altcoins are rising with Trump 90 day pause?
Ethereum, Solana, Flare, and Pepe also went up.
5. How did Trump 90 day pause affect global trade?
It eased trade tensions with countries like Japan and South Korea.
Glossary
EMA- A tool that shows the average price of an asset over time
NASDAQ- A US stock exchange
Resistance Level- Price points where an asset struggles to go higher
Leverage Trading- Borrowing money to trade larger amounts
Bull Run- A period when prices go up
Sources
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