Why is crypto going up? 4 key reasons behind the rally
Crypto prices bounced back on Thursday as the mood in the financial market shifted from extreme fear to euphoria within hours.
Bitcoin (BTC) price was up 5% over the past 24 hours, trading above $81,000, while Solana (SOL) rose to $115. Some of the top-performing altcoins were Fartcoin (FARTCOIN), Flare (FLR), Bittensor (TAO), and Hedera Hashgraph (HBAR), which soared by over 15%.
Crypto prices rose for four main reasons. First, the primary catalyst was Donald Trump’s decision to pause his ‘reciprocal’ tariffs on over 70 countries, easing worries that the U.S. was heading toward a major recession, given that it is one of the largest importers globally.
Pausing these tariffs led to a strong surge even in the…
