On April 9, crypto stocks experienced significant gains in line with a rebound in the US stock market, marked by the S&P 500's third-largest single-day gain since World War II. The trading day saw Michael Saylor’s Strategy rise 24.76% to $296.86 and Coinbase up 17% to $177.09. Crypto mining firms also saw increases, with MARA Holdings gaining 17%, Cipher Platforms rising 16.59%, and Riot Platforms up by 12.77%. The surge was largely driven by President Trump’s announcement to pause global tariffs, leading to a 9.52% increase in the S&P 500 and a 12.02% gain for the Nasdaq 100. As trading continued on April 10, Asian markets also experienced a positive trend, indicating a broader recovery. Bitcoin mirrored this rise, trading 7.52% higher at $82,065. The market volatility that preceded these gains had been ignited by earlier tariff discussions, highlighting the interconnectedness of crypto and traditional markets.

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