Today, the crypto market is showing growth for several key reasons:

1. The commencement of trade negotiations between the USA and China

U.S. Treasury Secretary Scott Bessent announced planned negotiations with China regarding tariff reductions, which currently stand at 145% and 125%, respectively. This has contributed to improved investor sentiment and rising cryptocurrency prices. In particular, Bitcoin has risen by 3.6%, surpassing $97,000, and the prices of Ethereum, XRP, and Solana have also increased.

2. Positive news from the market

The total market capitalization of cryptocurrencies has increased by $39 billion in the last 24 hours, reaching $2.94 trillion. Bitcoin is trading at around $96,500, and its daily trading volume has increased by 37%, indicating a rise in investor interest. Litecoin has also shown significant growth, climbing 10% to $91.

3. Political support for cryptocurrencies in the USA

The administration of President Donald Trump continues to demonstrate a favorable stance towards cryptocurrencies. In particular, a strategic reserve of bitcoins has been created, and new leadership in the SEC has reduced regulatory pressure on crypto companies. These steps contribute to growing investor confidence in the market.

4. Increase in institutional interest