Bitcoin, Ethereum, XRP, Dogecoin Explode Higher As Trump Hits Pause On Reciprocal Tariffs

The crypto market is surging after President Trump announced a pause on his planned reciprocal tariffs, easing macroeconomic tension and triggering a sharp risk-on rally across digital assets.

Notable Statistics:

• IntoTheBlock data shows large transaction volume decreasing by 22.4% and daily active addresses falling by 4.7%. Transactions greater than $100,000 are down from 13,114 to 10,153 in a single day. Exchanges netflows are down by 74.4%.
• Coinglass data reports 155,667 traders were liquidated in the past 24 hours for $568.77 million

Notable Developments:

• Bitcoin Hits $82,000 As President Trump Announces 90-Day Pause On Reciprocal Tariffs For All Countries But China
• 21Shares Launches Dogecoin Fund Backed By Dogecoin Foundation
• XRP Will Overtake Ethereum By 2028: Standard Chartered
• Users Risk Buying Smartphones Preloaded With Crypto-Stealing Malware: What You Need To Know

Top Gainers:

Trader Notes: Crypto analyst CrediBULL Crypto says Bitcoin's current pump has pushed price into range highs and local supply, a zone he typically sees as a fade opportunity (ideal for shorting).

He expects a potential move back down toward range lows and higher timeframe (HTF) demand at $69,000–$74,000, unless the market first breaks those range lows.

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The setup matches a previously discussed scenario: liquidity was swept below, but Monday's lows remain untouched, keeping the bullish structure intact — for now.

The trader adds that many altcoins have also rallied into local supply, meaning this outlook may apply across the broader crypto market.

IncomeSharks pointed out the irony that some of the largest weekly green candles happened just when sentiment was at its worst.

Blockchainedbb shared her exit plan, stating she will offload buys made between $75K–$78K at $108K–$110K, expecting this to happen between May and September.

She notes that historically, markets often peak around six months after a U.S. election, followed by a bear cycle.

Read Next: 

• Bitcoin’s Sell-Off During Tariff Trade War: Is It No Safe Haven After All?

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