President Donald Trump announced Wednesday that he had authorized \u201csubstantially lowered\u201d reciprocal tariffs across the world, prompting Bitcoin and stocks to roar back into form.<\/p>\n
From his Truth Social account, Trump said that over 75 countries \u201chave called Representatives of the United States\u201d to discuss trade negotiations after Trump\u2019s onslaught of global tariffs last week.
\nThis prompted him to lower he reciprocal tariffs on those countries to 10%, effective immediately. \u201cThank you to your attention on this matter,\u201d Trump stated.
\nCommerce Secretary Howard Lutnick said he sat with the President and Treasury Secretary Scott Bessent as Trump crafted the post. \u201cThe world is ready to work with President Trump to fix global trade, and China has chosen the opposite direction,\u201d he tweeted Wednesday.
\nChina\u2019s tariffs remain in place, and have been increased to 125%, due to their \u201clack of respect\u201d for global markets, Trump said.
\nFollowing the announcement, BTC surged from $77,000 to $81,900 at writing time.
\nPer Coinglass, over $169 million in shorts have been liquidated in the past hour.<\/p>\n
<\/a>BTC \/ USD. Source: TradingView<\/p>\n The post Bitcoin Bounces Back To $81k As Trump Eases Global Tariffs<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" President Donald Trump announced Wednesday that he had authorized \u201csubstantially lowered\u201d reciprocal tariffs across the world, prompting Bitcoin and stocks to roar back into form. From his Truth Social account, Trump said that over 75 countries \u201chave called Representatives of the United States\u201d to discuss trade negotiations after Trump\u2019s onslaught of global tariffs last week. […]<\/p>\n","protected":false},"author":0,"featured_media":58054,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-58053","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/58053"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58053"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/58053\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/58054"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![<\/a>BTC \/ USD. Source: TradingView<\/p>\nThe post Bitcoin Bounces Back To $81k As Trump Eases Global Tariffs<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"President Donald Trump announced Wednesday that he had authorized \u201csubstantially lowered\u201d reciprocal tariffs across the world, prompting Bitcoin and stocks to roar back into form. From his Truth Social account, Trump said that over 75 countries \u201chave called Representatives of the United States\u201d to discuss trade negotiations after Trump\u2019s onslaught of global tariffs last week. […]<\/p>\n","protected":false},"author":0,"featured_media":58054,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-58053","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/58053"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58053"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/58053\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/58054"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/BTCUSD_2025-04-09_14-09-06.png\"){kind=link}