Bitcoin Eyes Recovery as Global Markets Rally on US Tariff Pause
Global markets, including cryptocurrencies like Bitcoin, are experiencing a rally following the US government’s decision to pause new tariff hikes. This development, initiated under former President Donald Trump, has spurred Optimism across US, European, and Asian stock indices. Investors are now closely monitoring whether Bitcoin can capitalize on this momentum and stage a significant rebound. The pause in tariffs has alleviated some economic uncertainty, creating a favorable environment for risk assets. As of April 10, 2025, the crypto market’s recovery appears to be accelerating, with Bitcoin’s performance under scrutiny as traders assess its next move.
Crypto Market Recovery Accelerates as Global Stock Markets Rally on US Tariff Pause
Markets around the world are rallying after the US government paused new tariff hikes for most countries, triggering sharp gains in the US, European and Asian stock indices. The question is: Is Bitcoin ready to bounce back? The US government, led by former President Donald Trump, paused new tariff hikes, sparking a global market rally. Cryptocurrency markets, including Bitcoin, are closely watching the development, as a positive sentiment in traditional markets often spills over into the crypto space.
Is the Four-Year Bitcoin Cycle Dead?
As financial institutions, corporations, and governments increasingly adopt Bitcoin, some crypto market observers question the relevance of the typical four-year cycle model. A poll by Bitcoin Archive showed 52% of over 10,000 voters believed the cycles are over, indicating a changing landscape. This article explores the understanding and reliability of the four-year Bitcoin cycles.
Bitcoin to $200K? Analyst’s Bullish Take
Bitcoin (BTC) is showing renewed signs of strength, rebounding sharply after a volatile start to the week. The largest cryptocurrency by valuation reached a daily high of $83,541 and was trading at $81,671.81 at press time, representing a 6% increase in the past 24 hours. A 28.90% spike in trading volume suggests a retest of the 20-day Exponential Moving Average (EMA) at $82,630, a critical resistance level. A break above this zone could indicate the return of bullish momentum. Crypto analyst Ali Martinez recently pointed to the Mayer Multiple, a long-term valuation metric comparing BTC’s price to its 200-day moving average, hinting at a potential market top of $208K for Bitcoin.
U.S CPI Report Today Live Updates: Mild Inflation Expected
Forecasters anticipate a mild March CPI report, predicting a 0.08% rise in headline inflation and 0.24% for core. If accurate, headline CPI would reach 2.5% year-over-year, while CORE CPI would decline to 3.0%, a four-year low. This report may serve as a crucial indicator for inflation trends and market sentiment, potentially boosting investor confidence and influencing Bitcoin’s direction along with the broader market. The US CPI data will be released at 8:30 AM ET (6:00 PM IST) with a forecast of 2.5%, down from the previous 2.8%.
Will President Trump’s Tariff Reversal Sustain Bitcoin Bull Swing?
President Donald Trump has reversed country-specific tariffs after a financial meltdown. Bitcoin (BTC) recovered following the announcement, gaining 7% in the last 24 hours and regaining the $80k mark. Bulls are looking to regain lost ground after a huge setback earlier in the week when crypto assets plummeted in line with the U.S. stock market. At the time of writing, Bitcoin trades at $82,008.
