In the latest whipsaw of headlines this week, Donald Trump’s tariff delay Wednesday eased investor worries with bitcoin (BTC) leading the crypto market higher.
The U.S. government confirmed to delay tariffs on auto parts coming from Canada and Mexico by one month just one day after enacting them. Germany’s plan to ease debt limits for infrastructure spending and China hiking its target deficit also contributed to rebounding risk markets.
BTC climbed just above $90,000 on the news, up 3.7% over the past 24 hours. Almost all assets in the broad-market CoinDesk 20 Index advanced, with bitcoin cash (BCH), Chainlink’s LINK and Aptos’ (APT) booking double-digit gains.
Read more: Bitwise Files to Launch Aptos ETF
The tech-focused Nasdaq and the broad-market S&P 500 were also up 1.2% and 1.5%, respectively, in the afternoon hours of the session. Crypto-related stocks also climbed higher from the…
