Trump’s Tariff Suspension Sparks a Crypto Market Surge

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Coin-Turk 3 days ago 137

President Donald Trump’s decision to suspend import tariffs on Canada and Mexico for 30 days created a positive wave across global markets. This development prompted a rapid recovery in the cryptocurrency market, with Bitcoin $99,264, Ethereum $2,721, and Ripple among many digital currencies experiencing gains. The surge in value was linked to eased global trade tensions, demonstrating increased investor confidence as the market capitalization surpassed $3.32 trillion.

Tariff Suspension and Market Effects

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