Ethereum Surges 12.7% as Trump's Tariff Pause Boosts Crypto Market

Ethereum (ETH) experienced a significant surge, rising by 12.7% in a single day, as the crypto market rallied following the announcement by U.S. President Donald Trump of a 90-day pause on escalating trade war tariffs. This decision brought relief to global financial markets, including the crypto sector, which had been under pressure due to the uncertainty surrounding the trade war.

While Bitcoin and other major altcoins also saw gains, Ethereum stood out as a top performer, particularly after a week of steep losses. At the time of writing, Ethereum was trading around $1,660, marking a 12.70% increase in the past 24 hours. This recovery comes after Ethereum had dropped over 11% in the previous week, indicating a regaining of investor confidence.

Several factors contributed to Ethereum’s latest rally. The halt of Trump’s aggressive tariff campaign calmed global financial markets, reigniting risk appetite and benefiting high-beta assets like crypto. Additionally, the U.S. Securities and Exchange Commission recently approved options trading on spot Ethereum ETFs, opening the door for new institutional strategies and increasing ETH’s legitimacy in traditional finance circles. The sudden relief from the trade war also sparked short-covering and aggressive dip-buying, further boosting Ethereum’s price.

Market analysts now believe that if macro conditions remain stable, Ethereum could reclaim the $2,000 price mark within the next 90 days—the exact time window Trump announced for his tariff pause. This forecast hinges on continued market optimism and no sudden geopolitical surprises. Ethereum still has ground to cover, but with rising trading volumes and renewed investor interest, the current momentum could carry it much higher.

Ethereum’s sharp recovery demonstrates that even in a shaky macro environment, strong narratives and swift policy changes can reignite crypto rallies. If the current trend holds, Ethereum might not just recover—it could thrive in the coming months. The 90-day countdown is on, and the question remains: Will Ethereum hit $2,000 before it ends?