The financial world just got hit with a massive jolt—and this time, it’s all good news. President Donald Trump’s unexpected decision to delay tariffs for 90 days has sent shockwaves through global markets, igniting a fiery rally in both stocks and cryptocurrencies. From Wall Street to the blockchain, the green candles are lighting up screens everywhere.
Trump’s Tariff Delay: What’s the Big Deal?
The Shock of Trump’s Move
Late at night on April 9, 2025, coinciding with the moment when reciprocal tariffs from the U.S against over 180 countries and territories worldwide were set to take effect, U.S. President Donald Trump unexpectedly announced a 90-day delay on these tariffs. The move aims to give nations additional time to negotiate and reach agreements with the U.S.
Trump stated that since the United States announced the retaliatory tariffs on April 2, more than 75 countries worldwide have contacted the U.S. to request dialogue and address issues related to trade imbalances, tariffs, and other non-tariff barriers. In recognition of these efforts, the President declared that he would delay the tariffs for an additional 90 days while imposing only a 10% retaliatory tariff rate during this period.
Source: Truth Social
While China still got slapped with an immediate 125% tariff, the rest of the world breathed a sigh of relief. This wasn’t just a random policy tweak; it was a calculated play that flipped the script on weeks of uncertainty. Investors, who’d been bracing for a trade war nightmare, suddenly saw a lifeline—and they pounced.
Wall Street Goes Wild
The reaction from the financial market was instantaneous. Within 10 minutes of the announcement, U.S. stock markets erupted, with a staggering $4 trillion in market cap flooding back in. If that sounds insane, it’s because it is. For context, a similar “fake news” tariff delay rumor on April 7 had already teased a $5.5 trillion swing in just 30 minutes.
This time, it was real—and the numbers proved it. By the close of trading on April 9 (U.S. time), the S&P 500 skyrocketed 9.52%—its best day since the 2008 financial crisis. The Nasdaq? The Nasdaq surged by 12.16%, achieving its second-best performance in history. Tech giants like Apple, Tesla, and Microsoft saw their stocks soar past 10% gains, as traders bet big on a friendlier economic outlook.
Source: The Guardian
The announcement wasn’t just a fluke. Trump’s move signaled a temporary truce in the tariff wars, giving businesses and investors a much-needed breather. And while stocks stole the spotlight, the crypto market wasn’t about to sit this one out.
Crypto’s Comeback: Green Candles and Big Wins
This Morning’s Madness
Fast forward to this morning, and the crypto market is a sea of green. Bitcoin BTC blasted off with a 9.01% surge, Ethereum ETH rocketed 14.56%, and Solana SOL climbed 13.9%. The entire market flipped bullish overnight, with altcoins joining the party and pushing the total market cap to dizzying heights.
Source: Coingecko
But the real story lies in the numbers behind the rally. Over the past 24 hours, $527 million in positions got liquidated across the market. Roughly 70% of that came from shorts—bets against the market that got obliterated as prices shot up. Bears got burned, and bulls are feasting.
Meanwhile, the Crypto Fear & Greed Index doubled from a measly 18 to a solid 39 in a heartbeat. For the uninitiated, this index tracks market sentiment—low scores mean panic, high scores mean euphoria. We’re not at “greed” levels yet, but the shift from “extreme fear” to “neutral” is a screaming signal that confidence is roaring back.
What’s Next for Crypto?
The signals are lining up for a potential bull run. Trump’s tariff delay isn’t just a one-off—it’s a lifeline for risk assets like crypto. Bitcoin’s 9% pump is a strong start, but ETH and SOL’s double-digit gains suggest altcoins could steal the show. Why? Lower tariffs mean less economic pressure, more liquidity, and a happier global market—all ingredients that crypto thrives on. Add in Trump’s past crypto-friendly rhetoric (rumors of a zero-tax trading order are still swirling.
The liquidation data backs this up. With shorts getting crushed, the path of least resistance is upward—unless something major derails the momentum. And that Fear & Greed spike? It’s not at “extreme greed” (75+) yet, which means there’s room to run before the market overheats. If BTC breaks key resistance around $70,000 and ETH holds above $3,000, we could see a full-on rally into Q2 2025.
Of course, it’s not all sunshine. Crypto is notorious for volatility, and a single tweet or policy U-turn could flip the script. But for now, the stars are aligning. Trump’s delay has given markets a shot of adrenaline, and crypto is riding the wave. Whether this is a short-term bounce or the start of a new bull cycle, one thing’s clear: the game’s back on at this time.
Read more: Trump’s Tariff Severe Consequences to Crypto Market
Final Thoughts: A Market Reborn?
Overall, the pressure on financial markets has been lifted following Trump’s latest move—a leader who truly knows how to steal the spotlight.
Trump’s tariff delay has done more than just pause a trade war—it’s unleashed a torrent of optimism across stocks and crypto alike. Wall Street’s record-breaking day on April 9 set the stage, and crypto’s explosive morning on April 10 has kept the fire burning. With billions in shorts liquidated, sentiment flipping bullish, and prices soaring, the question isn’t if the market’s back—it’s how far it’ll go.
For crypto holders, this is a moment to watch closely. Bitcoin’s leading the charge, but altcoins like ETH and SOL are flexing their muscles. If Trump keeps the pro-market vibes flowing, 2025 could be a blockbuster year.
