https://x.com/TrumpDailyPosts/status/1910020971978797337
Markets React Within Minutes to Sudden Policy Shift
President Donald Trump’s surprise announcement of a 90-day pause on new tariffs sent immediate shockwaves through the crypto sector. Ethereum (ETH) surged more than 11% to cross $1,650, while Solana (SOL) exploded 13% higher, jumping past $120.
The announcement, which temporarily suspended most new tariffs except on Chinese goods, introduced a wave of market-wide optimism. Investors who had braced for extended economic disruption began flooding back into digital assets—causing altcoins and major tokens alike to surge.
Massive Liquidations Follow the Sudden Spike
Bitcoin also joined the rally, reclaiming $82,000 after dropping below $74,000 just hours earlier. According to CryptoQuant, the rebound triggered more than $92 million in short liquidations within a single hour. Coinglass reported over $574 million in total liquidations in 24 hours, with shorts making up $342 million of that figure.
This abrupt reversal marks one of the most aggressive turnarounds in months, with retail and institutional traders racing to cover bearish bets. The combination of unexpected policy news and high leverage set the stage for one of the biggest liquidations of the year.
https://x.com/cryptoquant_com/status/1910039840345014283
Altcoin Market Sees Broad-Based Gains
It wasn’t just ETH and SOL riding the wave. Most altcoins recorded significant upward moves as investor sentiment turned bullish. XRP, Cardano (ADA), and Dogecoin (DOGE) saw large inflows as market participants rotated into risk-on mode.
The coordinated upswing shows renewed confidence in digital assets as macroeconomic fears momentarily subside. Analysts now expect increased short-term volatility as traders assess how long the rally can last and what Beijing’s response to the China-specific tariffs might be.
Stock Market Sees Largest Single-Day Jump in Years
Crypto wasn’t the only sector that benefited from Trump’s announcement. The Nasdaq soared 9%, the S&P 500 rose over 7%, and the Dow Jones gained more than 2,400 points—the biggest single-day jump in five years.
The correlation between digital assets and tech-heavy equities continues to strengthen, as both sectors react to geopolitical and macroeconomic developments with heightened sensitivity.
Beijing’s Next Move Could Disrupt the Rally
Despite the widespread rally, not all news was positive. Trump maintained a steep 125% tariff on Chinese imports, escalating tensions with Beijing. Earlier in the week, China had raised its tariffs on U.S. goods to 84% in response to Trump’s prior 50% hike.