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Trump's Tariff Pause Triggers Rally in Crypto and Stock Markets

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by Giorgi Kostiuk

8 days ago

Recent statements by Donald Trump regarding a tariff pause have led to significant growth in crypto and stock markets.

Trump's Tariff Announcement

Donald Trump unexpectedly announced a pause on new tariffs on imports, excluding China. This decision helped ease global trade tensions and recession fears.

Rise of Crypto and Stock Markets

Following Trump's announcement, cryptocurrencies reacted positively: Bitcoin rose over 7%, reclaiming the $80,000 level. XRP and Ether emerged as leading assets, increasing by 12%, while BNB, SOL, and DOGE also saw gains of up to 10%.

Future Expectations

Experts believe that the current growth is linked to hopes for potential trade deals between the US and other countries. However, the ongoing tariffs on imports from China (125%) may have a disruptive impact on global trade in the future.

These events highlight the connection between political decisions and movements in financial markets, with potential future changes in global trade that could have significant implications.

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