#stablemarket Crypto prices today: Bitcoin holds above $87,000, Altcoins rally as market eyes trade policy clarity

Bitcoin and major cryptocurrencies traded slightly higher as investors awaited clarity on Trump’s tariff policies. Bitcoin hovered around $87,271, with analysts eyeing a potential breakout. Altcoins saw gains, while on-chain data suggested accumulation. April’s historical trend favors Bitcoin, but key resistance at $90,000 must be breached for further upside.

Bitcoin and major cryptocurrencies traded marginally higher on Wednesday as investors awaited further clarity on US President Donald Trump’s trade policies, particularly regarding upcoming tariffs.

Trump recently stated that not all tariffs would take effect on the April 2 deadline, with some exemptions likely for certain countries. However, he also introduced a new trade policy move—announcing secondary tariffs of 25% on nations purchasing oil or gas from Venezuela. This development has added uncertainty to global markets, including crypto.

As of 11:28 AM IST, Bitcoin was trading at $87,271, up 0.84% in the last 24 hours, while Ethereum gained 2.3% to trade at $2,047. The overall cryptocurrency market capitalization rose 0.93%, reaching $2.86 trillion.