Bitcoin has climbed to around $83,392 as of April 9, 2025, marking an 8.3% gain from the previous day. The rally follows President Trump’s announcement of a 90-day pause on reciprocal tariffs, aimed at de-escalating trade tensions.
The pause boosted confidence across the crypto market, with Ethereum, Solana, and Dogecoin all posting strong gains. According to Mitrade, these moves added billions to overall market capitalization.
In a parallel development, the U.S. Department of Justice announced a major shift in policy: it will disband its National Cryptocurrency Enforcement Team and instead focus on prosecuting individuals who misuse digital assets for illicit activity — rather than targeting crypto platforms directly. The Wall Street Journal reports that this may signal a more supportive stance toward the crypto industry.
Together, these developments are fueling renewed optimism among investors and could mark a turning point in Bitcoin’s current market cycle.
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