US equities and crypto markets shifted dramatically on April 9 after US President Donald Trump announced a 90-day pause on his reciprocal tariffs, except for China. Bitcoin (BTC) price responded by surging by 5% in less than an hour, reclaiming the $83,000 level which was last seen on April 6. While the S&P 500 gained 8%, Bitcoin derivative metrics have yet to turn bullish as traders remain cautious about changes in US long-term government bonds. Bitcoin 2-month futures annualized premium
source: https://cointelegraph.com/news/bitcoin-price-soars-to-83-5-k-have-pro-btc-traders-turned-bullish?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound