Bitcoin, Ethereum, Solana, Fartcoin: Crypto tokens rally up to 45% as Trump halts tariffs
Crypto markets rallied sharply on Thursday after the US president Donald Trump halted tariffs imposed on most nations for 90 days, which sparked the rally in the equity markets, seen as a much needed breather for the riskier asset classes. Crypto markets mirrored the gains, with select tokens zooming up to 45 per cent in the last 24 hours.
Bitcoin, the largest crypto currency, soared more than 10 per cent from its day’s low at $75,754.06 to $83,541 on Thursday in a span of 24-hours, with its total market capitalization hitting the $1.7 trillion mark. Bitcoins over $77.65 billion exchanged hands in the last 24 hours. However, it gave up its gains partially.
The crypto market saw a strong rebound after Trump announced a 90-day pause on…