Bitcoin jumps 6% to above $92,000 as tariff reprieve lifts sentiment; Solana, Dogecoin rise up to 8%
As of 10:39 AM IST, Bitcoin was up 6% at $92,168, while Ethereum surged 5.5% to $2,294. The global crypto market cap gained 5% to $3 trillion in the past 24 hours. Altcoins also saw gains, with Cardano rising 3.3%, Solana up 4.7%, Dogecoin jumping 8%, and XRP gaining 3%.
«Bitcoin has surged past $91,000, driven by optimism following Trump's tariff delay. This move has injected confidence into the market, pushing Bitcoin up over 5% in a day,» said Shivam Thakral, CEO of BuyUcoin.
Alankar Saxena, CTO & Cofounder of Mudrex, said, «Trump’s tariff delay has eased concerns, pushing major coins higher. If BTC sustains these levels, a move to $95,000 is likely, with strong support at $87,600.»
Did you Know?
The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors.
View Details»Also Read: Peter Schiff calls Trump’s crypto reserve push a ‘Pump and Dump’, demands congressional probe
Stock Trading
Maximise Returns by Investing in the Right Companies
By — The Economic Times, Get Certified By India's Top Business News Brand
Stock Trading
Renko Chart Patterns Made Easy
By — Kaushik Akiwatkar, Derivative Trader and Investor
Stock Trading
Candles