As US President Donald Trump Announces a 90-day Tariff Delay, Cryptocurrencies Bitcoin (BTC), XRP, and Dogecoin (DOGE) Are Showing Signs of a Potential Breakout.

In addition to Trump's hint at pausing the 50% tariff on China, all eyes are on its potential impact on the broader crypto market.

US President Donald Trump’s 90-day delay on his planned 50% tariffs on foreign imports, including goods from China, has sparked anticipation of a bullish reversal in the crypto market.

The president’s hint at pausing the tariffs has brought speculations of a BTC, XRP, and DOGE price breakout.

How Will Trump’s Tariff Delay Impact BTC, XRP, DOGE Prices?

After a massive downturn, the traditional financial market is now experiencing a slight uptick, and cryptocurrencies, in correlation with stocks and bonds, are also exhibiting positive momentum.

With Trump’s tariff plans now on hold, analysts are setting ambitious targets for Bitcoin, XRP, and Dogecoin.

At the same time, crypto expert Merlijn The Trader forecasted the BTC price’s bullish rally to $150k in the near future. Now, Bitcoin is exchanging hands at $94,386, up 1.9%.

At present, the crypto market is about to witness its highest rally, as pointed out by market expert Michael van de Poppe.

Trump’s stance on high tariffs, which he sees as a “total victory” for the US, will be interesting to watch. According to Trump, the tariffs will generate a "tremendous amount of money" for the US.

These tariffs will also encourage companies to manufacture products in the US, creating jobs and boosting the economy.

The president further compares the US tariffs to those imposed by other countries, such as China, India, and Brazil, which he claims have "very high" tariffs.

This move has sparked speculation about a potential bullish rally in the crypto market, with Bitcoin being a key beneficiary.