Bit Origin Soars 26.62% on Trump's Tariff Shift

On April 28, 2025, Bit Origin surged by 26.62% in pre-market trading, marking a significant rise that caught the attention of investors and analysts alike.

The recent softening of US President Trump's stance on tariffs has had a positive impact on the overall market sentiment, which in turn has benefited technology and growth stocks. Trump's comments about not replacing Federal Reserve Chairman Powell and hinting at a potential reduction in tariffs have eased investor concerns, leading to a surge in technology stocks, including Bit Origin.

Additionally, the positive market sentiment has been further boosted by comments from US Treasury Secretary Scott Bessent, who suggested that the trade war initiated by Trump could de-escalate. This has signaled a potential turning point in the prolonged economic confrontation, contributing to the overall bullish sentiment in the market.

Bit Origin, being a growth tech stock, has benefited from the broader market rally driven by the easing of trade tensions and positive economic indicators. The company's focus on technology and innovation aligns well with the current market trends, making it an attractive investment option for those looking to capitalize on the growing demand for tech solutions.