Bitcoin Hits $82,000 As President Trump Announces 90-Day Pause On Reciprocal Tariffs For All Countries But China
Posted On April 9, 2025
Bitcoin (CRYPTO: BTC) on Wednesday crossed the $82,000 mark, following a significant short squeeze that liquidated $75 million in bearish bets within a span of one hour.
The apex crypto Bitcoin made a high of $82,450 according to TradingView data after President Trump’s announcement that the U.S. would raise tariffs on China to 125%, effective immediately, but pause reciprocal tariffs on 75 countries for 90 days.
Altcoins also rallied sharply.
Ethereum (CRYPTO: ETH) gained 9%, Ripple‘s (CRYPTO: XRP) rose 10%, Solana (CRYPTO: SOL) jumped 12%, and Dogecoin (CRYPTO: DOGE) added 10% in the same period.
“Based on …
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