The crypto market roared back to life today following major geopolitical and financial developments. President Trump’s announcement of a 90-day tariff pause for non-retaliating countries ignited a sharp rally across digital assets, sending Bitcoin soaring past $82,000 and XRP reclaiming the $2 mark after a 13% gain.
Bitcoin Breaks $83K as Tariff Tensions Ease
The leading cryptocurrency broke through the $83,000 resistance level for the first time in weeks, driven by renewed investor confidence and risk-on sentiment. The tariff pause, which aims to ease trade tensions and stabilize global markets, has been perceived as a bullish signal by crypto traders and institutional investors alike.
Market analysts believe the move could stimulate economic activity and weaken the dollar slightly, reinforcing Bitcoin’s appeal as a hedge against inflation and monetary uncertainty.
XRP Jumps 13% on ETF Milestone
While Bitcoin stole headlines with its price surge, XRP made waves with the launch of the XXRP ETF on NYSE Arca. The new exchange-traded fund, which offers regulated exposure to XRP for institutional investors, saw a strong debut, further fueling XRP’s rise.
The token jumped 13% in 24 hours to reach $2, marking its highest level since the previous bull cycle. The ETF launch is widely seen as a milestone for Ripple Labs, reinforcing the token’s legitimacy in traditional finance circles and sparking speculation around broader adoption.
What’s Next?
With macroeconomic uncertainty easing — at least temporarily — and new financial products opening the door to wider crypto adoption, the near-term outlook for digital assets appears optimistic. Traders will be watching closely for follow-up actions from central banks, institutional inflows into the new ETF, and whether Bitcoin can hold its position above $80K.
For now, though, the bulls are back, and the market is buzzing.
