Bitcoin price today jumps 7%, tops $82,000 after Trump’s 90-day tariff pause spurs demand for riskier assets

Bitcoin prices rallied over 7% to $82,000 after a 90-day pause by US President Donald Trump on planned tariff hikes across several countries, sparking a renewed interest in riskier assets like cryptocurrencies.

The world’s biggest crypto token by market capitalization was trading 6.52% higher at 12.10 pm at $81,917.94, with a market cap of $1.61 trillion. In intra-day trade, Bitcoin price climbed to $83,453, buoyed by the rollback of tariffs by the US. However, this pause did not apply to China, on which the US raised the tariffs to 125% after Beijing retaliated with an 84% duty on US imports from April 10. Additionally, the trade war was far from over, as a 10% duty on all imports also stays in place.