Trump’s Tariff Exemption Powers Surge in Crypto Market – Coincu

President Trump’s tariff exemption, announced on April 13, 2025, led to an immediate rise in the cryptocurrency market, notably increasing Bitcoin’s value to $85,900.

The policy exempting tech imports reduced costs for the tech sector, boosting confidence among investors in cryptocurrencies known for moving with tech stocks.

Bitcoin Hits $85,900 Following Tariff Exemption

President Trump’s recent decision to exempt specific tech components from new tariffs has had an immediate and positive effect on the cryptocurrency sector. Reports indicate that Bitcoin surged past critical resistance levels shortly after the announcement.

The policy reduces import costs for key tech components vital to the crypto infrastructure. This has prompted a notable increase in investor confidence, highlighting a correlation between tech stock performance and crypto asset prices.

“The tariff exemptions provide a clear policy direction that enhances investor confidence, reducing fears of inflation in consumer electronics and ensuring that tech innovation can continue unimpeded.” — Santiment Analyst, Santiment

Market experts voiced that Trump’s exemption policy is likely to enhance innovation and drive further growth in the cryptocurrency sector. Caution persists, however, as stakeholders remain mindful of the potential for future policy changes.

Strong Correlation Between Bitcoin and Tech Stocks Observed

Did you know? Historical market data suggests that tech stock performances and Bitcoin’s price have consistently exhibited strong correlations, reinforcing the observed price surge following the tariff exemption.

As of April 13, 2025, Bitcoin is trading at $85,225.57, with a market cap of approximately 1.69 trillion. It maintains a dominance of 62.55%, reflecting robust investor interest despite market fluctuations. Trading volumes recently experienced a 28.63% decrease, as reported by CoinMarketCap.

According to Coincu’s analysis, the removed tariffs might facilitate innovation and bolster infrastructure development in the crypto sector. This policy could lead to increased cryptocurrency adoption, hinting at potential regulatory shifts and technological advancements.