Crypto Markets Rise Amid Trump Tariff Ruling and Fed Rate Cut Hopes
Bitcoin, XRP, and Solana climb as investors weigh trade policy uncertainty and growing odds of an interest rate cut in September.
Cryptocurrency markets ticked up on Tuesday, Sept. 2, following a mix of macroeconomic developments, including a federal court ruling that struck down many of President Donald Trump’s tariffs and rising expectations that the Federal Reserve could cut interest rates for the first time since 2024.
Bitcoin (BTC) rose 1.7% over the past 24 hours to $110,684, leaving it up nearly 1% for the week. XRP increased 1.6% over 24 hours to $2.79, down 4.7% for the week, while Solana (SOL) edged up 1.4% to around $201, gaining 5.3% over the last seven days.
Ethereum (ETH), however, bucked the trend by dropping 1.4% over 24…
