US President Donald Trump’s decision to suspend import tariffs for Canada and Mexico for 30 days created a positive wave in global markets. With this development, the crypto money market entered a rapid recovery process. Bitcoin $95,293.4Ethereum $2,574.5 And many digital currencies, especially Ripple, gained value. The rise was associated with the alleviation of global trade tensions. The market value exceeding $ 3.32 trillion showed that the confidence of investors has increased.
Suspect of Tariffs and Market Effects
The agreement reached the US, Canada and Mexico on border security and the fight against organized crime temporarily froze commercial tensions. Canadian Prime Minister Justin Trudeau said that the suspension of tariffs is “an important step taken in line with common interests”. Increased risk appetite in global markets increased the demand for crypto currencies.
Bitcoin gained 7 %in the last 24 hours and tested $ 100,000. While Ethereum attracted attention with an increase of 11 %, Ripple (XRP) $2.4 It rose close to 20 %. Altcoins and breast -themed digital coins showed similar mobility. Analysts emphasized that the rise in the crypto money market stems from the search for a “port of trust ında in the face of global economic uncertainties.
New Asset Fund and Expectations
The new asset fund plan announced by the US administration supported market dynamics. The possibility of adding digital assets such as Bitcoin and Ethereum to its portfolio mobilized investors. Experts, this step can increase the legitimacy of the crypto currency market to corporate investors, he said.
However, doubts continue to sustain the recovery. Some analysts warned that volatility may increase if tariffs come up again 30 days later. Despite short -term healing signals, more data are required to clarify medium and long -term trends.
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Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.