#TrumpTariffs

The cryptocurrency market is witnessing a significant rise today. According to CoinMarketCap, the global market capitalization of cryptocurrencies increased by 4.83% in the last 24 hours, reaching $2.85 trillion. Additionally, the total trading volume rose by 17.82% to $104.22 billion.

Some notable points observed:

* Rise in Bitcoin price: The price of Bitcoin surpassed $90,000 for the first time in over a month.

* Strong performance of some altcoins: Some coins like MAGIC, AUDIO, BOBA, NKN, and SPA have seen substantial price increases.

* Increase in trading volume: There is a noticeable increase in trading volumes for most major cryptocurrencies, including Bitcoin and Ethereum.

* Positive impact of certain news: Some news like Trump's plans to create a strategic reserve for cryptocurrencies and bullish forecasts from analysts like Standard Chartered may have a positive effect on the market.