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Ethereum and Solana rebound strongly after the U.S. suspends tariffs with CanadaEthereum (ETH) and Solana (SOL) had an impressive rebound on Monday night after President Donald Trump decided to temporarily suspend tariffs on Canada, following a similar move with Mexico. This news helped alleviate concerns about escalating trade wars in North America. Ethereum surges after a sharp drop After hitting a low of $2,135 during the Asian trading session – the sharpest drop since May 2021 – Ethereum quickly recovered to $2,881. Earlier, the 18% crash on Monday led to over $600 million in Ethereum futures positions being liquidated.

Ethereum and Solana rebound strongly after the U.S. suspends tariffs with Canada

Ethereum (ETH) and Solana (SOL) had an impressive rebound on Monday night after President Donald Trump decided to temporarily suspend tariffs on Canada, following a similar move with Mexico. This news helped alleviate concerns about escalating trade wars in North America.
Ethereum surges after a sharp drop
After hitting a low of $2,135 during the Asian trading session – the sharpest drop since May 2021 – Ethereum quickly recovered to $2,881. Earlier, the 18% crash on Monday led to over $600 million in Ethereum futures positions being liquidated.
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