Crypto stocks experienced a significant surge on April 9, aligning with a broader recovery in the US stock market following President Donald Trump’s announcement of a 90-day pause on global tariffs. Michael Saylor’s Strategy saw a remarkable increase of 24.76%, closing at $296.86, and Coinbase (COIN) rose by 17% to $177.09, as per Google Finance data. Crypto mining companies also witnessed gains, with MARA Holdings (MARA) up by 17%, Cipher Platforms (CIFR) by 16.59%, and Riot Platforms (RIOT) by 12.77%. The surge in crypto stocks and the overall US market mostly occurred in the final trading hours of the day, triggered by a post from Trump on his Truth Social platform. Trump announced a 90-day halt on reciprocal tariffs, reducing the tariff rate to 10% for all countries except China, which faced a 125% rate due to counter-tariffs against the US. The S&P 500 surged by 9.52%, marking its third-largest single-day gain since World War II, while the Nasdaq 100 posted a 12.02% increase. In the APAC region, markets also saw gains, with Australia’s ASX 200 up by 4.55% and Japan’s Nikkei 225 opening nearly 10% higher. Despite previous market volatility caused by Trump’s tariff mentions, Bitcoin has been on an uptrend, trading 7.52% higher at $82,065 at the time of publication. Trump’s initial tariff discussions in February significantly impacted markets, leading to Bitcoin dropping below $100,000. However, his escalation in April caused notable market fluctuations. The US stock market lost $3.25 trillion on April 4, exceeding the entire crypto market’s valuation of $2.68 trillion. Trump’s executive order on reciprocal tariffs further added to the market turmoil. Readers are advised that this article does not offer investment advice, and individuals should conduct their research before making financial decisions.