Crypto stocks surged alongside US stock market rebound due to Trump's 90-day pause on global tariffs

From Cointelegraph

April 10, 2025 02:23:00 AM:

Crypto stocks surged on April 9 after Trump’s 90-day pause on global tariffs. Michael Saylor’s Strategy rose 24.76%, Coinbase closed up 17%, and MARA Holdings saw a 17% increase. Trump’s announcement of reciprocal tariffs pause led to gains in S&P 500 and Nasdaq 100.

APAC markets saw gains on April 10, with Australia’s ASX 200 up 4.55% and Japan’s Nikkei 225 opening almost 10% higher. Trump’s tariff announcements triggered market volatility, with the US stock market losing $3.25 trillion on April 4. Bitcoin also rose 7.52% to $82,065.

Read more at CoinTelegraph: Crypto stocks see big gains alongside US stock market rebound