Bitcoin Surges 8% Amid Trump’s Tariff Announcement – What Investors Should Know

On April 10th, in a surprising move, U.S. President Trump declared an increase in tariffs against retaliatory nations to a staggering 125%, effective immediately. This announcement included a temporary 90-day tariff suspension for non-retaliating regions, leaving a base tariff of only 10%. This sudden tariff strategy has resulted in an unexpected surge in the cryptocurrency market; Bitcoin soared nearly 8% within a day, reaching a peak of over $83,000 before stabilizing at around $82,510.

Market analysts suggest that should the tariff suspension persist, Bitcoin could attract significant institutional investment. However, they caution about the accompanying volatility that policy changes might invoke. The transition from a tariff-focused environment to a potentially fluctuating policy landscape raises concerns about market stability.

As investors grapple with this unpredictability, there has been a noted spike in demand for reliable asset allocation tools. Within this framework, BiyaPay has emerged as a pivotal player by offering a multi-asset trading wallet. Its services, including instant fiat-to-crypto exchanges and access to U.S./Hong Kong stock markets via USDT, have provided essential support to investors navigating the challenges posed by current economic policies.