United States President Donald Trump has exempted an array of tech products from tariffs, providing relief to the tech industry. This decision positively impacts crypto markets, with Bitcoin reaching new price heights. The exemption includes smartphones, chips, and semiconductors, alleviating trade pressures.

The correlation between tech stocks and crypto markets is evident as risk appetite increases. Bitcoin's price surge past $85,000 marks a response to these developments. Analysts view these tariff policies as strategic negotiation tools with broader trade implications.

The exemptions are seen as significant in light of Trump's recent 90-day tariff pause on reciprocal tariffs and lowering rates.