The cryptocurrency market rallied sharply on Thursday after President Donald Trump paused tariffs imposed on almost all nations for 90 days, giving the stock and crypto markets a much-needed breather from constant volatility. The crypto market registered substantial gains, with some tokens rallying nearly 50%. 

Crypto stocks also registered significant gains, with the S&P 500 posting its third-largest single-day gain since World War 2. Bitcoin (BTC) rallied to surge past $80,000 and reach a day high of $83,453 before marginally declining to its current level. The flagship cryptocurrency has maintained its position above $80,000 and is currently up almost 6% and trading at $81,903. Ethereum (ETH) registered a substantial recovery as well, with the price rising over 8% and …