Trump’s Tariff Suspension Sparks $4 Trillion U.S. Market Surge

2 mins mins

Key Points:

Donald Trump announces 90-day suspension of tariffs, igniting historic market gains.
S&P 500, Dow, Nasdaq see remarkable increases within 10 minutes.
Bitcoin climbs 3.82%, highlighting interconnected market dynamics.

After Donald Trump’s announcement to suspend tariffs on most U.S. trading partners for 90 days, the S&P 500 surged by over 9% on April 9th, leading to a market rise of $4 trillion in ten minutes. This decision remarkably affected both traditional stocks and crypto markets.

Donald Trump declared a temporary halt on reciprocal tariffs to stabilize trading relations. Most trading partners would see tariffs reduced to 10%, with China experiencing a significant jump to 125%, contrasting the global trend. According to Donald Trump, “This tariff suspension will help maintain a 10% tariff globally, while China will experience a 125% increase.”

Bitcoin Sees 3.82% Jump, Reflecting Market Dynamics

Bitcoin’s value rose sharply, reflecting broader market sentiment. Arthur Hayes from BitMEX highlighted this shift, noting the MOVE Index’s effectiveness. Treasury Secretary Scott Bessent confirmed the administration’s focus on temporary market calm.

The American stock market experienced an unparalleled reaction as S&P 500, Dow Jones Industrial, and Nasdaq achieved historic gains. This decision has heightened optimism, though caution remains around ongoing trade tensions with China.

Historical Context, Price Data, and Expert Analysis

Did you know? The 2023 surge in U.S. markets mirrored past economic shifts, such as the rapid gains following 2018 tariff reversals, emphasizing the global market’s sensitivity to trade policies.

According to CoinMarketCap, Bitcoin (BTC) has reached a current price of $82,337.70, a market cap of $1.63 trillion, and a trading volume of $82.57 billion. In the last 24 hours, Bitcoin saw a 9.34% price increase, though it has decreased over longer periods.

bitcoin-daily-chart-244 — Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 01:36 UTC on April 10, 2025. *Source: CoinMarketCap*

The Coincu research team notes U.S.-China trade relations could either anchor sustained optimism or trigger new volatility. Technological shifts in crypto securities remain pivotal, while exchanges monitor regulatory landscapes in tandem with macroeconomic shifts.