Bitcoin Sees Renewed Momentum as Tariff Delay Sparks Market Rally

Bitcoin (BTC) prices received a significant boost yesterday following an announcement by former U.S. President Donald Trump, stating that tariffs imposed on a majority of countries would be postponed by 90 days. This unexpected move injected optimism into global markets, offering much-needed relief to traders across asset classes. Equity indices around the world surged in response, with many registering gains of over 5%—a strong signal of broad-based market approval.

The crypto market was quick to mirror this bullish sentiment. BTC, which had been consolidating around the $76,000 mark prior to the announcement, surged more than 5% in the hours that followed, crossing the $82,000 level. The rally was fueled by renewed risk appetite and speculation that this delay could mark the beginning of a broader softening in global trade tensions.

As of this writing, Bitcoin continues to trade comfortably above the key $80,000 support zone. However, immediate resistance lies in the $82,000 to $83,000 range. A clean breakout above this band could pave the way for a run toward the $85,000 and potentially the $88,000 levels in the short term. On the downside, a failure to hold $80,000 could open the door to familiar support regions at $78,000 and $75,000.

For now, though, the momentum clearly favors the bulls. The 90-day tariff reprieve is seen by many as a positive signal that trade policy could gradually normalize. Should this trajectory continue, crypto markets—BTC in particular—may find further fuel to extend their upward trend in the days ahead.

Ethereum (ETH) saw a sharp rise of over 10% in the wake of the U.S. government’s decision to delay the implementation of tariffs on a wide range of countries. The move spurred a strong risk-on rally across traditional and crypto markets alike, as traders interpreted the tariff reprieve as a sign of easing geopolitical and economic tensions.

The ETH rally broke decisively through the $1,600 resistance level, a key psychological and technical barrier that had capped price action in recent weeks. As of this writing, Ethereum continues to trade above $1,600, maintaining its bullish momentum in the short term. Looking ahead, the next significant resistance levels are expected around $1,800 and $2,000—zones that could challenge the bulls if upward pressure persists.

While the short-term outlook remains favorable, fueled by fresh momentum and broader market optimism, Ethereum still lags behind some of its peers in terms of relative strength. For medium- to long-term investors, the current environment remains volatile and somewhat unpredictable. It is advisable to approach new entries with well-defined stop losses placed beyond immediate support zones to avoid being caught in sudden reversals.

Despite the recent spike, we maintain a cautious stance on Ethereum for longer-term positions. Compared to Bitcoin and select altcoins, ETH continues to show relative weakness in its recovery trajectory and has yet to reclaim key structural levels that would indicate a sustained trend reversal.