In a sudden market pump after Trump’s 90 day tariff pause move, Bitcoin price spiked nearly 10% to $83k with the whole crypto market seeing an uptrend today. The price of ETH also went up over 12% while leading altcoins gained over 10% in hours.
For the past two weeks, the crypto market was going through a major sell-off amid the tariff tension between the U.S. and other countries. However, the market reacted with renewed optimism as Trump announced relief yesterday and sent hopes for recovery for the next three months.
At the time of writing, Bitcoin price is trading near $81,600, which has increased 7.14% in the past 24 hours. It surged from the daily low of $75,858 to as high as $83,453 on leading crypto exchanges. The 24 hour trading volume for Bitcoin has also increased 20% to $70 billion today.
During the market rebound, ETH came out as the biggest gainer among all leading altcoins with its price surging from $1,444 to $1,682 in hours. At the time of writing, ETH price is trading near $1,580 – up 8.5% in the past 24 hours.
Similarly XRP, SOL and ADA also had similar moves with all pumping nearly 10% in a quick upstick.
In the top gainers list, XCN is leading with a record breaking jump of 43% while FARTCOIN marking a rise of 39% in the past 24 hours. Meanwhile none of the major crypto asset experienced any notable drop beside Babylon (BABY) which has declined 17% today.
Trending Crypto Today
- FARTCOIN (Fartcoin)
- XCN (Onyxcoin)
- XRP (XRP)
- SOL (Solana)
- UXLINK (UXLINK)
Top Crypto Gainers Today
- XCN (Onyxcoin): +43%
- FARTCOIN (Fartcoin): +39%
- UXLINK (UXLINK): +28%
- FLR (Flare): +25%
- POPCAT (POPCAT): +23%
Top Crypto Losers Today
- BABY (Babylon): -17%
- ZEC (Zcash): -7%
- XTZ (Tezos): -3%
- KAITO (Kaito): -3%
- EOS (EOS): -2%
As per Coinmarketcap data, the global crypto market cap today sits at $2.59 trillion with a 24 hour trading volume of $151.23 billion.
Also read: Analyst: Cardano’s $ADA on Track for a $5 Breakout
