Bitcoin rebounds above US$84k on tariff pause

Key market insights

• Bitcoin rebounds above US$84k on tariff pause: Bitcoin surged past US$84k after a tariff pause sparked a broader crypto rally, as rising trade tensions renewed interest in defi technology.
• Crypto stocks surge as Bitcoin rallies: Crypto stocks surged after Trump paused tariffs, with Strategy and MARA Holdings both jumping around 20%.
• Big tech veterans leave Apple, Google to build on Bitcoin: Ex-Apple, Google, and Cash App execs are leaving Big Tech to build Bitcoin startups in effort to push it to mainstream finance.
• Tether eyes US-only stablecoin as crypto rules ease: Tether may launch a US-only stablecoin as easing regulations boost demand for a fully compliant digital dollar.
• Japan proposes new crypto framework for better transparency: Japan's FSA proposed a new regulatory framework that seeks to classify crypto assets by use case.

The weekly trading stats as of Monday, April 14th at 10:00 am AEST, based on data from Tradingview in USD.

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Bitcoin rebounds above US$84k on tariff pause

Bitcoin surged past US$84,000, recovering from last week's low of around US$75,000, as markets reacted to US President Trump's temporary pause on global tariffs. The broader crypto market followed suit, with the likes of XRP, Solana, and other major altcoins posting strong gains - with some even rising by double digit percentages over the weekend.

Analysts and industry leaders suggest that the growing trade tensions are highlighting crypto's appeal as an alternative to traditional systems, with figures like Charles Hoskinson and Paolo Ardoino pointing to the long-term potential of decentralised technologies and stablecoins in a world that is facing increasing economic fragmentation.

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Crypto stocks surge as Bitcoin rallies

Shares of cryptocurrency related companies jumped along with the price of Bitcoin shortly after US President Trump issued a 90-day pause on widespread "reciprocal" tariffs. According to Trump, he was pausing the duties effective immediately. Shares of Bitcoin buyer Strategy (MSTR), formerly known as MicroStrategy, and trading platform Robinhood Markets (HOOD) jumped 24% and 22%, respectively. Meanwhile, Bitcoin miner MARA Holdings (MARA) added 17%, and Riot Platforms (RIOT) gained 11%.

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Big tech veterans leave Apple, Google to build on Bitcoin

Former executives from Apple, Google, and Cash App are leaving Big Tech to launch startups focused on Bitcoin infrastructure and applications, signalling growing confidence in Bitcoin’s long-term potential. These entrepreneurs say recent economic instability and increasing interest in decentralisation have accelerated a shift toward building on open, trustless networks. Their goal is to push Bitcoin beyond a store of value and into the heart of next-generation financial and payment systems.

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Tether eyes US-only stablecoin as crypto rules ease

Tether is reportedly considering launching a US-only stablecoin as the Trump administration loosens crypto regulations, aiming to meet demand for a fully US-compliant digital dollar. The move comes amid ongoing regulatory changes favoring domestic innovation, with Tether exploring ways to separate its global operations from US-focused offerings. The company says the initiative reflects rising institutional interest and growing clarity around crypto policy in the US.

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Japan proposes new crypto framework for better transparency

Japan’s Financial Services Agency (FSA) has released a discussion paper outlining a proposed regulatory framework that would classify crypto assets into funding-based and non-funding categories, such as utility tokens versus Bitcoin. The framework aims to improve market transparency, prevent insider trading, and adapt rules for practices like staking and the travel rule. A new crypto bill is expected by 2026, potentially bringing certain digital assets under traditional securities laws for stricter oversight.

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Looking ahead

Bitcoin’s sharp rebound to over US$84,000 marks a strong recovery from last week’s lows near US$75,000, driven largely by market relief following US President Trump’s 90-day pause on global tariffs. This seemed to reverse investor sentiment, sparking a rally not just in Bitcoin but across the broader crypto market, with major altcoins like XRP, Solana, and others posting strong gains.

Shares of crypto-related companies such as Strategy, MARA Holdings, and Riot also surged in response, highlighting how sensitive the entire space still is when it comes to macroeconomic news and policy changes. Speaking of which, Japan's FSA has proposed a detailed asset classification framework that could lead to much tighter oversight, while Tether's initiatives could open the door to a more mainstream stablecoin option thanks to the more favourable regulatory climate in the US under Trump.

As the industry moves deeper into Q2 2025, markets appear to be stabilising, for now. But volatility remains highly likely as trade tensions keep growing and new crypto policies are still taking shape. Institutional confidence may be on the rise, but the shifting geopolitical landscape cannot be avoided, and new policies are still unfolding across major economies. While there's a growing sense of cautious optimism, market momentum will likely continue to hinge on how governments, central banks, and investors respond to the next wave of macroeconomic developments.

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