Crypto Stocks Skyrocket as Markets Breathe Sigh of Relief After Trump Tariff Pause

Crypto-linked equities ripped higher on Wednesday as President Trump’s decision to temporarily halt new tariffs ignited a broad-based market rally.

Leading the surge was MicroStrategy (MSTR), which rocketed 25% amid renewed optimism in digital assets. Coinbase (COIN) followed closely, gaining 21%, while bitcoin mining firms like Marathon Digital (MARA) and Riot Platforms (RIOT) added double-digit gains in the teens. Other notable movers included Semler Scientific (SMLR) and Fold (FLD), both up roughly 10%.

The rally came after Trump announced a 90-day pause on punitive tariffs for all countries — with the notable exception of China — via a midday Truth Social post that sent shockwaves through global markets. “I have authorized a 90 day PAUSE,” the post read, signaling a potential easing of geopolitical tensions that had weighed heavily on investor sentiment in recent days.

Markets responded immediately. The Nasdaq surged over 10%, and the S&P 500 rallied by 8%, reflecting the broad enthusiasm across risk assets.

Bitcoin (BTC) also caught a bid, climbing above $82,000 with a 6% daily gain as crypto markets capitalized on the improving macro backdrop.

The sharp rebound in crypto equities underscores their sensitivity to geopolitical shifts — and the potential for rapid upside when sentiment flips.