visionariesnetwork Team

16 April, 2025

blockchain and cryptocurrency

Bitcoin price after Trump news saw a minor boost on Tuesday, after the U.S. President made an announcement to exclude electronics from new import tariffs.

On Monday, U.S. President Donald Trump announced that some electronics, including smartphones and computers, will be exempted from retaliatory sharp tariffs. He also announced that he was considering changes to a proposed 25% tariff on automobiles and auto parts from Mexico, Canada, and other countries.

The sudden announcement produced a change in investor sentiment, and risk-on assets like Bitcoin and Ethereum were among the gainers of the good news.

At 11:14 AM IST, Bitcoin price after the Trump news stood at $85,804, a 1.7% rise in the last 24 hours. Ethereum also rose, up 1.3% to $1,645. The global crypto market cap also went up marginally by 0.51% to $2.7 trillion, reflecting a general rise in digital assets.

"Bitcoin is trading above the $85,000 level, bolstered by better macroeconomic conditions. Declining U.S. Treasury yields and a weaker dollar are making digital assets more appealing," Mudrex CEO Edul Patel said.

Patel also said that institutional demand is strong. For instance, Strategy just bought 3,459 BTC worth $285.8 million. Bitcoin must break above $86,000 to stay in momentum, and the most important support is at $83,000, he said.

Ethereum and Altcoins too React

Indian exchange Giottus CEO Vikram Subburaj also commented on the market activity following the trade news.

Bitcoin price after Trump news is strong, and trading volumes have skyrocketed. Strategy and Metaplanet purchased a combined total of $311 million of Bitcoin, which speaks volumes about confidence in BTC's future," Subburaj said.

According to CryptoCompare, weekly volume in Bitcoin increased by 15% as evidence of increasing demand from retail and institutional investors. Ethereum also reported consistent gains in line with the overall euphoria engendered by the U-turn by the U.S. government.

Mixed Bag for Altcoins

The altcoin market gave a mixed response. BNB, XRP, Toncoin, and Litecoin rose by as much as 3%, while Solana, Tron, Dogecoin, Cardano, Sui, and Shiba Inu fell by as much as 2%. While there was a fall, analysts say these coins might rebound if positive sentiment remains in the broader crypto market.

Bitcoin Market Data After Tariff Readjustment

Following the tariff announcement, Bitcoin's market cap rose to $1.701 trillion, and its dominance rose to 62.9%. Nevertheless, Bitcoin's daily trading volume dropped slightly by 3.3% to $29.37 billion.

Stablecoins dominated trading volume at 93% of the total crypto market activity. Over $73 billion in stablecoin trades were executed in the previous 24 hours as investors hedged amid the policy changes on tariffs.

Final Thoughts 

Bitcoin price after the Trump news reflects the manner in which economic events and geopolitics are tightly tracked by the crypto market. With policy alteration, institutional acquisition, investor sentiment, and everything in the proper direction, the market can realize further gains when macroeconomic factors are favorable.

For crypto investors looking for straightforward updates, tracking Bitcoin price after Trump news can be one of the simplest ways of tracking market sentiment in 2025.