SUI and Trump token in profit, BTC price fails $95K test amid rumours of lower China tariff
- Cryptocurrency market retraces below $3 trillion on Thursday, down 3.5% in 24 hours.
- Trump’s softening stance on China tariffs has seen investors skim crypto profits to reinvest in recovering US stocks.
- SUI and the Official Trump token are the only top 50-ranked altcoins posting 24-hour gains, according to Coingecko data.
The cryptocurrency market capitalization dips below $3 trillion on Thursday, retreating 3.5% from the 50-day peak of $3.2 trillion recorded earlier this week. Macro news insights suggest that investors are rotating capital back towards United States (US) stocks as President Donald Trump softens his stance on China’s tariffs.
Bitcoin market update:
Bitcoin price continues to consolidate around the…
