As of 9:10 a.m. on the 10th, the price of Bitcoin, based on CoinMarketCap, reached $82,511 (approximately 12.11 million yen), up 8.12% from the same time the previous day.
Bitcoin plummeted to $75,005 the previous day after the United States imposed 104% tariffs on China. On the same day, President Trump announced that he would postpone reciprocal tariffs imposed on major trading partners.
The price rose above $83,000 on the news that the global trade war had eased economic uncertainty to some extent, which is seen as a recovery in investment sentiment for risk assets.
On the same day, President Trump announced a 90-day grace period for reciprocal tariffs on all countries except China, which will continue to be subject to a 125% tariff.
At a White House press conference on the same day, President Trump said, "People are nervous in the markets," and "It's time to show flexibility."
Beau Hines, Executive Director of the White House Digital Asset Advisory Council, said through X that "President Trump is the true cryptocurrency president."
"The United States will usher in a golden age of cryptocurrencies and new financial technologies." Cryptocurrency investment sentiment has also improved. The Cryptocurrency Fear and Greed Index has shifted to the "fear" state at 39 points.
This is a 21-point increase from the 18-point "extreme fear" state recorded the previous day. The fear and greed index, which ranges from 0 to 100, is an indicator of investment demand in the cryptocurrency market.
The closer it is to 100, the greater the demand.
2025/04/10 10:44 KST
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