Bitcoin Bounces Back as Trump’s Tariff Pause Sparks Relief Rally; SOL, DOGE Lead the Charge
Crypto markets are rebounding on Friday, recovering from Thursday’s sharp decline that mirrored weakness across global risk assets. The turnaround follows a surprise policy move by President Donald Trump, who announced a 90-day pause on new tariffs — a decision that temporarily calmed market nerves, despite excluding China from the relief.
Solana (SOL) and Dogecoin (DOGE) surged more than 4% over the past 24 hours, topping gains among major tokens. XRP, BNB, and TRX also posted modest advances between 2% and 3%. In contrast, Ether (ETH) remained under pressure, dropping another 2.4% to extend a week-long slide of more than 12%.
Wednesday’s tariff pause initially triggered a short-lived relief rally across equities and digital assets before retracing. Still, traders say signs of a potential bottom in bitcoin’s price action are emerging, raising hopes of a year-end push toward the $100,000 mark.
“The surprise policy pivot temporarily eased volatility, especially on shorter-term crypto derivatives,” one analyst noted. “We’re seeing cautious optimism return. While some investors are selling into strength, December $100K BTC calls are showing strong long-term bullish sentiment.”
Ming Wu, CEO of RabbitX, described the market’s reaction as a dramatic shift in tone. “The announcement led to a sharp reversal in market direction,” he said in a message to CoinDesk. “This move offers a window of optimism while still keeping geopolitical pressure intact, particularly on China.”
Wu emphasized that many assets had reached oversold levels before the announcement, triggering a technical bounce. “The policy shift sparked a short squeeze across key support zones, drawing in buyers and accelerating the rally,” he explained.
Ryan Lee, Chief Analyst at Bitget Research, highlighted bitcoin’s more than 6% intraday gain, reclaiming the $80,000 level in the wake of the policy news.
“We saw BTC surge past $80K following Trump’s pause on tariffs,” Lee said. “Institutional demand and accumulation by long-term holders remain strong, as BTC continues to act as a macro hedge in an uncertain environment.”
Looking ahead, Lee sees $80K as a key pivot level. “If risk appetite continues, BTC could test $85K in the coming days. But if market uncertainty resurfaces, we may see a retest of $78K-$79K. Momentum now depends on macro clarity, sentiment, and inflows.”
With market watchers keeping a close eye on Washington and Beijing, the coming weeks could prove pivotal for both equities and crypto — especially as bitcoin teases another run at six figures.
