Crypto shares on the rise

At the beginning of April 2025, the financial markets reacted to US President Donald Trump's announcement to introduce a 90-day suspension of the so-called "reciprocal tariffs" with significant price increases. This decision not only affects traditional stock indices such as the S&P 500 or Nasdaq 100, but also has a noticeable impact on crypto stocks. Companies such as Coinbase, MicroStrategy and crypto miners such as MARA or Riot Platforms recorded double-digit price gains within a single day.

In this article, we analyze the background to the customs pause, the impact on traditional equities and crypto companies and the possible developments for investors in the near future.

Background: Trade conflicts and the tariff pause

The aggressive US trade policy under Donald Trump has been causing tensions in the global economic network for years. The introduction of global tariffs on imported goods led to a backlash, particularly from China. This was followed by a remarkable change of course in April 2025: President Trump announced the temporary suspension of tariffs for 90 days via Truth Social. A universal tariff rate of 10 % applies to almost all trading partners - with the exception of China, which continues to be heavily burdened with 125 %.

This measure followed diplomatic talks with representatives from over 75 countries calling for a de-escalation of global trade conflicts. The immediate reaction of the markets was clear: easing = confidence = rising prices.

Source: t3n.de

The stock market reacts positively

The effects of the measure were not long in coming. The S&P 500 rose by 9.52 %, one of the highest daily gains since the Second World War. Even more impressive: the Nasdaq 100 rose by 12.02 %.

The international markets also followed this positive impetus. In Australia, the ASX 200 rose by 4.55 % and the Japanese Nikkei 225 by almost 10 %.

Crypto shares benefit in particular

While the traditional financial world rejoiced, the crypto sector was also in a celebratory mood. Especially MicroStrategy (now "Strategy") and Coinbase increased massively:

• Strategy (formerly MicroStrategy): +24.76 % to USD 296.86
• Coinbase: +17 % to 177.09 USD
• MARA Holdings: +17 %
• Cipher Mining: +16.59 %
• Riot Platforms: +12.77 %

Source: Cointelegraph

What does Bitcoin do?

The Bitcoin price also benefited from the generally positive market sentiment. With a rise of 7.52 % to over USD 82,000, it is once again clear that when shares rise, so does Bitcoin. This development supports the theory that Bitcoin is increasingly perceived as a "high-beta tech asset" - not as a crisis currency, but as a speculative investment in a bullish market environment.

Fittingly: What is the basic idea behind Bitcoin?

Macroeconomics meets crypto: what can we learn from this?

The current upswing impressively demonstrates how strong Global political decisions are linked to the development of cryptocurrencies and crypto shares. The times when Bitcoin and co. presented themselves as independent of the real economy are over. Instead, they are increasingly acting like tech stocks.

For investors, this means that anyone investing in crypto must also Macroeconomic factors and geopolitical decisions.

What does this mean for investors?

The temporary tariff pause provides short-term relief, but it is only temporary. If no sustainable agreement is reached in 90 days, tariffs and uncertainty could return.

Investors should use the next few weeks to review their portfolios, take profits or add to targeted positions. Fittingly: What you should know about crypto ETFs.

Further source: Cointelegraph