Crypto Market Eyes Rally as Trump Teases Major Trade Deal
Key Notes
- President Trump announced a press conference to unveil a “major trade deal” with a “highly respected country.” Reports suggest it could mark progress in US-UK trade talks.
- Analysts expect this to positively impact global markets.
- Ethereum (ETH) jumped in value following its Pectra upgrade, while Solana (SOL), XRP, Dogecoin (DOGE), and Cardano (ADA) posted gains of 3-5% amid improving macro.
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In a message on his social media platform Truth Social, US President Donald Trump has teased a “big” tariff deal with one of the highly respected countries and US allies, thereby setting the stage for a crypto market rally ahead.
As tensions surrounding the US trade war are likely to subside moving ahead,…
