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Trump has announced that reciprocal tariffs will be discounted to 10% for the next 90 days for all trade partners except China – and the market has gone wild
Stock and crypto prices are booming right now, with the S&P 500 booking a 9.52% gain, one of its biggest days since the Second World War. But what does this mean for the future of crypto prices? Let’s take a look at some high-profile crypto price predictions.
Market Boom on Trump Tariff Pause
“Do not retaliate, and you will be rewarded,” said a White House representative.
Trump has capped tariffs on all trading partners at 10% for the next 90 days, providing a window to develop trade agreements.
However, one nation excluded from this sweeping initiative is China, which will instead face a 125% levy, “effective immediately.”
Yet, even Chinese stock prices rose, with the SHCOMP index gaining 0.93% in the past 24 hours.
Traders understand that Trump’s willingness to sit down and talk is bullish for markets worldwide. If he does it with other nations, he will do it with China, too – it’s just a case of getting things in motion.
And non-traditional asset classes are also seeing a boom today. Crypto prices are soaring, with the industry’s total market cap gaining 5.5% in the past 24 hours.
Yet, cooling tariff tensions could be just the beginning of a higher time frame crypto pump – especially if nations begin establishing concrete trade agreements with the US.
So what does this mean for crypto majors Bitcoin, Ethereum, and XRP?
Bitcoin
With market fundamentals favoring a more bullish outlook, analysts believe the Bitcoin price could rally in the months ahead. As far as how far it could go, Crypto Elites targets $180K.
But he doesn’t base this on fundamentals alone. The analyst notes that Bitcoin is currently trading at macro trendline support and has made similar pullbacks to in previous cycles, when the price subsequently exploded.
Do you think Bitcoin has reached the bottom?
Drop your thoughts in the comments — Let’s discuss! $BTC #Bitcoin pic.twitter.com/qBprXkmRrS
— @CryptoELlTES (@CryptooELITES) April 9, 2025
Ethereum
According to analyst CryptoBullet, Ethereum is positioned for a move to $3K in the coming weeks, marking approximately a 2x gain from its current price.
The analyst says a close above $1,550 would be highly bullish and potentially pave the way for a three-month-long Ethereum rally.
$ETH #ETH 1W
Nice bounce! Obviously markets react to the 90-day pause on tariffs.
So basically we have 3 months for markets to rally (remember my mid-term rally scenario, right?)
I really want to see the weekly candle close above $1550 and print a green hammer candle
pic.twitter.com/aQ9VSikxRE
— CryptoBullet (@CryptoBullet1) April 9, 2025
XRP
XRP currently trades inside a descending wedge chart pattern. Typically, this pattern can indicate a bullish reversal after breaking out to the upside.
Per Crazy Buddha’s price chart, a breakout could catapult XRP to $3.4, which is a 70% return.
My outlook on $XRP: The market pullback is just setting up for a stronger rally. $XRP is currently forming a triangle consolidation pattern, and a trend shift is about to happen.
https://t.co/X44l066PEh pic.twitter.com/yWHefZkPos
— Crazy Buddha (@CrazyBuddha_) April 7, 2025
It’s also worth noting that XRP has displayed much strength today, with a 13% pump. This momentum indicates that its price could continue seeing big gains as the broader market rises.
But what other altcoins are worth watching?
Other Altcoins to Watch
Momentum is a crucial indicator of where the market’s attention lies, so right now, it appears that all eyes are on Solaxy.
This new Solana layer 2 blockchain has raised a staggering $29.5 million in its presale, making it the biggest Solana public sale event ever.
The project aims to tackle Solana’s congestion issue with off-chain computation and roll-up technology. It will handle some of Solana’s workload but provide faster, cheaper, and more reliable transactional throughput.
And it’s tipped for massive growth. Analysts from Cryptonews even said it could 100x. If that panned out, presale participants who invested $10K would be millionaires.
Solana gave 250x gains last cycle, so it would not be unreasonable to anticipate that Solaxy, its first-ever layer 2 blockchain, could also give big returns.
Another project that is poised to explode is Fartcoin. It’s an AI-created Solana-based meme coin, and it’s leading the crypto top gainers today. It has booked a staggering 44% pump today and 84% this week.
Prominent analyst Bonk Guy even compared it to Pepe, suggesting that Fartcoin could 10x if the market continues to grow.
about fartcoin giving me similar vibes to $pepe prior to pepe’s rally from ~$300m to $3b+ last year:
i faded pepe since i was biased against it from its early days, but i see pretty much all of the same things it had in its favor in favor of fartcoin this time around but at a… https://t.co/n6EP6WKjtm pic.twitter.com/5uDtQKLu4e
— Unipcs (aka ‘Bonk Guy’)
(@theunipcs) April 9, 2025
Both Solaxy and Fartcoin display immense strength right now. Should Trump’s willingness to negotiate enable a longer-term rally, then these projects are in line for the biggest gains.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
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