Trump hits the pause button, US stocks surge, Bitcoin at 82K, market panic sentiment has not yet subsided.

The 90-day suspension of punitive tariffs by U.S. President Trump triggered a sudden reversal in asset prices, with the S&P 500 index soaring nearly 10%, while the Nasdaq composite index recorded its largest pump since 2001. Crypto assets also rose, with Bitcoin returning to around 83K and Ether increasing nearly 13%, but Coinglass's fear and greed index remained at 18, indicating extreme fear.

Trump suspends punitive tariffs for 90 days, stock market soars.

Five days after U.S. President Trump's trade war sent global stock and bond markets into chaos, he finally began to back down, pulling financial assets back from the brink.

( US Treasury yields soar, rumors say China is selling US Treasuries, is the Federal Reserve going to implement an emergency rescue? )

After a drop at the opening, the S&P 500 index surged nearly 10%, while the Nasdaq Composite index recorded its largest pump since 2001. US Treasury yields fell from yesterday's Asian session, and the dollar rose against safe-haven currencies like the yen and Swiss franc.

The sudden reversal of asset prices, which has occurred repeatedly in the past four trading days from Tokyo to London, especially New York, was again triggered by Trump himself, who first posted on social platforms yesterday, saying that "now is a good time to buy", and then announced a 90-day suspension of punitive tariffs imposed on him on dozens of countries, although his conflict with China is still escalating, in China announced tariffs on all US imports to 84%, Trump continued to increase Chinese tariffs to 125%, It's like a game of cowardice.

The top ten market cap Crypto Assets are all rising, while the market remains in extreme fear.

With the rise of Crypto Assets, the top ten cryptocurrencies by market capitalization have all seen decent pumps.

Bitcoin has risen from 74K yesterday morning to around 83K before the deadline, with a 24-hour increase of over 8%.

Ether rebounded from a low of 1,385 USD, reporting 1,661 before the deadline, with a 24-hour pump of nearly 13%.

However, Coinglass's Fear and Greed Index remains at 18, indicating extreme fear, showing that the market still has strong uncertainties regarding the recent tariff war. This sudden surge has still caused significant harm to leveraged investors, with total liquidations across the network reaching 590 million USD in 24 hours, including over 374 million USD in short positions, and 214 million USD in long positions, which is also considerable. It is recommended that investors must manage risks well in such a volatile market.

In this article, Trump hits the pause button, US stocks soar, Bitcoin at 82K, and market panic sentiment has not yet eased. First appeared in Chain News ABMedia.