Washington DC: According to CoinDesk, Bitcoin jumped 6.3% to $93,811 — its highest level since early March. The rally came shortly after Trump stated, “We are in a good position with China and other countries,” raising optimism about a thaw in trade tensions and a possible easing of tariffs on Chinese goods.
The bullish sentiment spilled over to the broader cryptocurrency market, with altcoins and meme coins riding the wave of renewed risk appetite.
Ethereum, the world’s second-largest cryptocurrency, led the altcoin charge with a 13.5% gain, reaching $1,796.57. Ripple’s XRP followed with a 7.7% jump to $2.2358. Other notable movers included Solana (+8.8%), Cardano (+11.4%), and Polygon (+5.4%).
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Even the meme coin segment saw a frenzy of activity: Dogecoin rose nearly 13%, and the politically-themed $TRUMP coin surged 14%.
