Cryptocurrency and stock prices are soaring following President Trump's announcement of a 90-day pause on trade tariffs with most countries, excluding China. Bitcoin's price increased over 4%, surpassing $81,000, while Ethereum rose nearly 6% to around $1,580 and XRP spiked almost 9% to $2.00. Major stock indices, including the S&P 500, Dow, and Nasdaq, also registered significant gains of more than 5% as traders reacted positively to this announcement. Trump stated the intention to pause most trade tariffs while implementing a reciprocal 10% tariff during this time. This news was particularly impactful given the market's previous concerns regarding tariffs on Chinese goods, which had caused Bitcoin and other cryptocurrencies to drop in value earlier. In recent days, global markets faced volatility due to tensions surrounding trade policies, but this latest development has restored some investor optimism.

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