Crypto Stocks Rally Amid U.S. Market Surge After Tariff Reprieve
Crypto Stocks Rally Amid U.S. Market Surge After Tariff Reprieve
Following President Donald Trump's declaration of a temporary suspension of global tariffs, cryptocurrency-linked stocks saw significant gains on April 9 as part of a larger surge in U.S. financial markets. Trump's announcement on Truth Social of a 90-day halt on "reciprocal tariffs," with a reduced base rate of 10% for the majority of nations—with the exception of China, which was subject to a hike to 125%—caused the late-session market recove...
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