Crypto Soars as Trump Pauses Trade War for 90 Days

Key Takeaways
- U.S. President Donald Trump announces a 90-day pause in the trade dispute
- Crypto market responds with significant price gains
- Bitcoin briefly surges above 82,000 USD
- Ethereum, XRP, and Solana see double-digit increases
- Insider trading accusations against Trump due to prior buy recommendation
Trump’s Announcement Shakes Up the Market
On April 10, 2025, U.S. President Donald Trump issued a surprise statement on the platform X (formerly Twitter): a 90-day pause in the ongoing trade conflict and a reduction of retaliatory tariffs to 10%. This measure took effect immediately. The financial markets reacted swiftly — and the crypto market saw notable gains.
Timing Sparks Controversy
Controversially, even before the official announcement, Trump posted a separate message saying it was “a great time to buy.” This statement drew criticism. U.S. Senator Adam Schiff indirectly accused the president of insider trading. The question now is whether Trump was aware of the upcoming announcement when he made the recommendation — and whether he or those close to him may have benefited.
Price Increases for Bitcoin and Altcoins
The impact on the crypto market was significant. Bitcoin (BTC) climbed from 76,000 to over 82,000 USD within a few hours. Ethereum (ETH) rose by 16%, once again reaching the 1,680 USD mark. Other major cryptocurrencies like XRP and Solana (SOL) also saw gains of more than 15%.
In the sector of so-called memecoins — cryptocurrencies with strong community backing and often humorous origins — prices also increased. Dogecoin (DOGE) rose by 9%, Shiba Inu (SHIB) by 13%, Pepe (PEPE) by 8.5%, Bonk (BONK) by 11%, Fartcoin (FARTCOIN) by 37%, and Trump-Coin (TRUMP) by 7%.
Long-Term Highs Still Out of Reach
Despite the current upswing, many cryptocurrencies remain well below their all-time highs. XRP is still more than 45% below its peak, Solana over 65%, and Dogecoin more than 80%. This shows that while there is room for growth, the losses of recent years have been substantial.
Our Assessment
Trump’s political decision has sparked short-term optimism. The crypto market is highly sensitive to geopolitical developments — and this case is no exception. However, such price spikes should always be viewed with caution. Political statements can move markets, but they also create uncertainty — especially when there are suspicions of market manipulation.
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As an investor, you should keep the bigger picture in mind. Short-term gains are attractive, but a well-founded strategy is key in the long run. Closely monitor political developments — they can have a greater impact on the crypto market than technical factors.
Sources
- AMBCrypto
- Unhashed