$BTC News on cryptocurrencies..

Bitcoin rose on Tuesday after lackluster moves the previous day as U.S. President Donald Trump hinted at further tariff relief with the potential suspension of auto tariffs.

The world's largest cryptocurrency rose by 2% to $86,025.0000 by 4:40 PM Saudi time.

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Reports have indicated that the Trump administration is considering using customs duties revenue to purchase Bitcoin, aiming to bolster reserves without borrowing more money or imposing new taxes.

This move follows Trump's executive order to build a strategic reserve of cryptocurrencies, according to media reports.

Analysts: Approval of XRP ETFs is more likely before SOL and DOGE$BTC

XRP and Solana (SOL) are viewed as frontrunners for the approval of spot exchange-traded funds in the United States, driven by strong liquidity, according to analysts at cryptocurrency research platform Kaiko. XRP recently surpassed SOL in market depth by 1% and doubled the liquidity of Cardano ADA on approved exchanges.

Unlike Bitcoin, XRP lacks a developed futures market and is mostly traded overseas. However, its share of the U.S. spot market has rebounded since the SEC lawsuit in 2021, while the share has declined $BTC