53301521495 Digital Currency News..

Bitcoin rose on Tuesday after lackluster movements the day before as U.S. President Donald Trump indicated further tariff easing with the possibility of suspending tariffs on cars.

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

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Reports indicated that the Trump administration is considering using tariff revenues to purchase Bitcoin, aiming to boost 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 likely before SOL and DOGE

XRP and Solana (SOL) are seen as frontrunners for the approval of instant exchange-traded funds in the U.S., 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 recovered since the SEC lawsuit in 2021, while the share of 53301521495 has declined.