After US President Donald Trump announced a 90-day tariff deferral, Bitcoin rose in price above $82,000, adding more than $5,000 in a day.

The S&P 500 jumped more than 7.6%, the Dow Jones Industrial Average jumped 6.5% and the Nasdaq Composite jumped 9.5%, ending a four-day losing streak.

"I have authorized a 90-day pause and a substantially reduced reciprocal tariff for that period of 10%, effective immediately," Trump wrote on Truth Social.

Bitcoin, which fell to $74,500 earlier this week, has maintained a reassuring degree of stability throughout the market turmoil despite the downturn. Its decline in price has been less than expected.

While markets have responded positively to the pause, volatility will persist and even increase if trade talks stall. Trump’s 90-day reprieve provides short-term clarity, but overall global trade policy remains uncertain.