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Bitcoin Soars to $82,000 as Trump Announces 90-Day Pause on Tariffs, Except China

In a surprise move, President Donald Trump announced a 90-day pause on tariffs for most countries, except China, sending shockwaves through the global economy and financial markets. As a result, Bitcoin (BTC) has seen a significant surge, jumping to $82,000 for the first time in history.

The sudden rally in the cryptocurrency market comes as investors seek safe-haven assets amid the uncertainty surrounding the tariff pause. The move has sparked concerns about the potential impact on global trade and economic growth, leading many to flock to Bitcoin as a hedge against market volatility.

The news sent shockwaves through the financial markets, with the Dow Jones Industrial Average plummeting over 300 points, while the S&P 500 fell by over 2%. The US dollar also weakened against major currencies, with the euro and yen strengthening against the greenback.

In the cryptocurrency market, the news sparked a massive rally, with Bitcoin surging by over 10% to reach a new all-time high of $82,000. The cryptocurrency has been on a tear in recent weeks, fueled by growing institutional interest and increasing adoption.

The tariff pause has sparked concerns about the potential impact on global trade, with many fearing that the move could lead to a trade war. The news has also sparked concerns about the potential impact on the US economy, with many fearing that the move could lead to a recession.

As the markets continue to react to the news, investors are closely watching the cryptocurrency market, which has seen a significant surge in recent weeks. The rally has been fueled by growing institutional interest and increasing adoption, with many believing that Bitcoin is poised to continue its upward trend.

For now, the markets are bracing for the potential impact of the tariff pause, with many investors seeking safe-haven assets amid the uncertainty. As the situation continues to unfold, investors will be closely watching the cryptocurrency market, which has seen a significant surge in recent weeks.