Finally green! The cryptocurrency market has seen a significant increase in the last 24 hours, with Bitcoin (BTC) reaching $ 93,500noted by the remarkable performance of Ethereum (ETH) and Cardano (ADA). These movements arise in context, where investors respond to recent statements by President Donald Trump about customs prices and federal reserve system.
- The cryptocurrency market has seen a spectacular increase, with bitcoins reaching $ 93,500.
- Donald Trump’s statement caused a positive response to the crypto market and hope for slight access to customs tariffs.
Bitcoins and altcoins grow
Bitcoin has seen an increase in 6.5%beyond 93 500 $While Ether and Cardano climbed more than 14%. Other major cryptocurrencies such as Solana (soil), XRP and BNB 8%. Even the same as dogecoin (DOGE) and Shiba Inu (Shib) used this ascending trend and recorded more than more than more than more than more than more than more than more than more 11%.
Total market capitalization has increased by 4.4%achievement $ 3.03. This generalized increase was supported by the hope that President Trump could accept more access meek concerning his The price of warAfter announcing a substantial reduction in prices to China.
Bitcoin gets rid of traditional markets
An interesting point to note is that Bitcoin It seems that traditional stock markets are coating. According to Nick ruckLVVRG Research Director is increasingly perceived as’ refuge This could explain why it continued to rise despite turbulence on the American markets.
” Bitcoin has great potential to lose its long -term correlation with American actions and now turns to its story of digital gold while the gold price reached a record level “He said Jupiter ZhengResearch partner Hashkey Capital in Coindesk columns.
This disconnection is particularly visible during Asian market clockWhere golden and bitcoins increase, suggesting that investors can turn to these assets as safe refuge in the face of global economic uncertainty.
While Bitcoins and other cryptocurrencies continue to rise, investors carefully monitor the political decisions of Trump, including its position in customs prices and a federal reserve reserve. The volatility of the market remains high, but at present it seems that bitcoins and its peers are well position to use global economic uncertainty. Simple reflection or actual reversal of trend? The answer in the coming hours.