Bitcoin and stocks surge after Trump announces 90-day tariff pause, excluding China
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Daily top performer — Ethereum (ETH)
The S&P 500 surged 9.52% in its biggest gain in five years after Trump paused some tariffs for 90 days despite continued trade tensions with China. Gold jumps 2.6% to $3,059.76, set for best day since October 2023, as investors seek safety amid US-China trade tensions and inflation fears. The Coindesk Indices, which tracks the broader crypto market, are up by 12.20%, with Bitcoin and Ether up 7.23% and 13.32% respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today's top performer is ETH, up 13.5%, followed by the SEC's approval of options trading for spot Ether ETFs, boosting institutional interest.