BTC & Altcoins recovering amid a stop on Trump’s tariff
The encryption prices today showed signs of recovery, as the newly announced import tariff for US President Donald Trump in Canada and Mexico for 30 days was stopped. Bitcoin (BTC) has regained its value, as it reached a height of 102 thousand dollars amid a wider market recovery. While Altcoins driving like Ethereum (ETH), XRP and Solana (SOL) pump more than 10 % inside the day. At the same time, the Meme currencies also offered large rising tracks, as DOGE, SHIB and Pepe rose about 20 %.
Below is a brief overview of some of the most encryption markets on February 4.
The encryption prices were recovered today, amid a stop on Trump’s tariff
It is worth noting that the broader encrypted currency sector shows the signs of recovery, as the newly announced import tariff in Donald Trump in Canada and Mexico has been stopped for 30 days. On the other hand, a trade war has now been subjected to the world, with market morale increased.
The United States has reached an agreement with Canada and Mexico, mainly targeting areas such as the application of borders, drug gangs, and dealing with organized crimes. As a result, “the proposed tariff will be stopped for at least 30 days”, Canadian Prime Minister Justin Trudeau Posted on X. However, it should be noted that the customs tariff for China remains the same.
On the other hand, the prices of encoded currency were recovered on Tuesday, as the trade war was one of the fastest witnessed. The roof of the Crypto global market increased by 8.46 % inside the day, reaching $ 3.32 trillion.
Bitcoin is restored in a wider direction
The BTC price has gained approximately 7 % over the past 24 hours and is currently sitting at $ 100733. Moreover, the decrease and amended in the currency reached 92,767.89 dollars and 102,514.17 dollars, respectively. Bitcoin’s dominance witnessed a 0.99 % decrease to 60.27 %, indicating that Altcoins surpassed BTC.
ETH price increases more than 10 %
The price of ETH, which was 11 % pumped inside the day and is currently being traded at $ 2,803. The 24 -hour low coin currency was 2,450.66 dollars and 2,919.48 dollars, respectively. The currency rises alongside the broader recovery in the market, while another ups in the past 24 hours have been revealed. World Liberty bought Donald Trump 1,826 ETH, for all Lookonchain on X, causing optimism to the upcoming currency price movements despite their discharge in the last ETH.
XRP price pumps 20 %
The price of XRP has increased by 20 % in the past 24 hours and is currently being traded at $ 2.71. The currency bottom was registered inside the day, a peak of $ 2.14 and $ 2.78, respectively. It is worth noting that the cryptocurrency -backed currency also simulates the direction of the wider encryption market today.
Solana Price today
Sol PRICE has seen 9 % increase in the journalism, reaching 216 dollars. It reached the lowest level in the minimum defense and its height of $ 190.28 and $ 220.00, respectively.
Mimi encryption prices today imitate the upward trend
At the same time, Doge Price Rocketted has 20 % over the past 24 hours, reaching $ 0.2818. Also, the SHIBA Inu price increased by 19 % Intraday and is currently being traded at 0.00001627 dollars. Moreover, even PEPE has seen 17 % gains during the past day and reached 0.00001065 dollars.
The highest prices for winners today
ONYXCOIN (xcn)
Price: 0.03159 dollars
24 -hour gains: +30 %
Bittensor (tao)
Price: $ 380.68
24 -hour gains: +30 %
Artificial coalition of contestants (FET)
Price: 0.8317 dollars
24 -hour gains: +27 %
Meanwhile, there was no loser in the market today, for all Coinmarketcap data, primarily with the market recovery and glowing with the bull.
Donald Trump’s sovereign wealth fund adds to the optimism of the encryption market
Meanwhile, US President Donald Trump recently signed an executive order to create a sovereign wealth box, another emerging market for the market. It is worth noting that this fund aims to provide America with long -term economic stability. In light of Trump’s approach to the pro -Carbuto, market participants now expect whether bitcoin and excitement can be included in the fund’s assets. Given that this achievement has been achieved, BTC and ETH markets may see great gains, although there are no official assurances yet.
Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.
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