The crypto market is buzzing again! Almost $250 billion has flowed back into the crypto spot market in the last 12 hours after the US president announced a 90-day pause and a reduction in reciprocal tariffs. The total market capitalization rose by 6% to $2.7 trillion, recovering nearly all previous losses.
- Bitcoin surged over 8% to $83,425 before cooling slightly. Technical analyst 'Rekt Capital' sees this as a sign of a bull market, while 'Mister Crypto' compares it to the price movements of 2020, signaling a major breakout.
- Ethereum jumped 15% to $1,680, while other altcoins like XRP, Solana, and Dogecoin also showed solid recoveries.
What do you think about this market movement? Comment below! ๐