#TariffsPause ! Excellent news for traders!
The pause in tariffs is a breath of fresh air for the market.
As a cryptocurrency user, I am excited to see how this decision may positively affect the price of cryptocurrencies.
The reduction of tariffs can increase the demand for goods and services, which in turn can boost the economy.
This can be beneficial for cryptocurrencies, as they may be seen as an attractive form of investment in times of economic uncertainty.
Weekend Market Update
BTC is trading around 94,600, maintaining strong momentum.
ETH remains stable near 1,800.
SOL is stable at 150 — and exciting news is expected from the ongoing annual Solana conference in Turkey.
They are also jumping on the AI trend, which could attract a lot of attention.
After retreating approximately 70% from its all-time high and going through a full bear market cycle, Solana seems ready to stabilize and start growing again.
The narrative for Bitcoin is currently positive, showing a divergence from the Dollar Index (DXY), which generally signals strength.
BTC also broke above the key resistance level of 86k86000 (as anticipated).
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