Trump's Tariff Policy U-turn: 125% Tariff Rate Pressures Countermeasure Nation, Bitcoin Surges Nearly 8% in a Single Day Breaking $83,000

On April 10th, President Trump of the United States announced that he would raise tariffs against retaliating countries directly from the current rate to 125%, with immediate effect. At the same time, a 90-day tariff suspension would be implemented for countries or regions that did not take retaliatory actions, with only a 10% basic tariff remaining. This "shock and awe" tariff storm unexpectedly led to a surge in the cryptocurrency market: according to BiyaPay market data, Bitcoin surged by nearly 8% within 24 hours after the announcement, reaching a peak price above $83,000, and is now trading at $82,510. Crypto analysts pointed out that if the tariff suspension continues, Bitcoin may see a new round of institutional fund inflows, but caution is needed against the fluctuation risks brought about by policy reversals. Trump's tariff suspension has changed from the "tariff club" to a "policy reversal", and the financial market has responded with a surge. Behind this celebration lies a profound transformation in global supply chain restructuring, geopolitical maneuvers, and capital flows. During the 90-day window, the market may continue to interpret the "policy market" trend, and the ultimate direction still awaits more certain signals. Facing a highly volatile market environment, investors have seen a significant increase in the demand for secure and efficient asset allocation tools. In this context, BiyaPay, as the world's first multi-asset trading wallet, has demonstrated unique value. It has now facilitated instant fiat-to-crypto exchanges, participation in the US/Hong Kong stock markets with USDT, zero-fee spot/futures Maker trades, a compliant B2C withdrawal channel, secure unfreezing of card withdrawals, effectively reducing the fund freezing risks in traditional OTC/C2C trades and providing practical solutions for crypto investors to deal with policy uncertainties.