Is the crypto market reviving again? The surge of Flare (FLR) indicates that way. The moment President Trump announced the 90-day pause for all tariffs; Flare started to rise immediately.
Recently, President Trump waived off all tariffs levied on countries other than China.
All stock markets and crypto assets are pipelined to Trump’s tariff policy. As the tariffs are called off, the international geopolitical relations might be reinstated. However, the process may not be as fast as the market assumes.
Meanwhile, Flare coin has gained a huge momentum, growing a mammoth 30%. CoinGecko calculated that Flare remains the top coin of the month till now.
Is it the start of a Bull Market again?
Investors are guessing the market will start becoming bullish again, as the tariffs don’t apply anymore. The essence of the market is also much like that. Standing on Apr 9th, the projected growth seems tremendous.
But the fact’s that only one coin’s growth cannot define the projection of the whole crypto market. As the market grows, more coins are getting back the traction they wanted.
Flare is topping the chart. Meanwhile, the other prime gainers are all AI-linked tokens. You can take the names of FartCoin (FARTCOIN), Paal AI (PAAL), and ai16z for reference.
All of these tokens had sizeable recoveries. Finally, all investors feel that the bullish vibes of the market might be around the corner.
The White House’s response
The White House declared that the US government is not taking the stance of higher tax levies for countries who are ready to negotiate. However, the 125% tariff surge for China remains constant.
The bottom line is that BTC is also back to $80,000 now. Meanwhile, it is the greenest possible signal the stock market has received in a few months. All over, people are setting wild price targets for BTC.
