PANews reported on April 10th that according to Jinshi, as Trump decided to temporarily suspend higher reciprocal tariffs on most countries, Bitcoin initially rose briefly before starting to decline. Trade Nation analyst David Morrison said: "Bitcoin's trend is consistent with other risk assets and is currently closely related to US stock indices." He stated that the immediate danger has passed, but investors are keenly aware that uncertainty still looms over the market. Bitcoin has retraced some of its gains from Wednesday but remains above $80,000.
