$BTC News on Digital Currencies..

Bitcoin rose on Tuesday after lackluster moves the previous day as U.S. President Donald Trump hinted at further tariff easing with the possibility of suspending tariffs on cars.

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

.....

Reports have indicated that the Trump administration is considering using tariff revenues to buy 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 exchange-traded funds is more likely before SOL and DOGE funds $BTC

XRP and Solana (SOL) are viewed as frontrunners for 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 of $BTC