Crypto

Bitcoin Soars Past $81,000 as Cryptocurrencies Rebound Following Trump's Tariff Decision

Cryptocurrency Market Experiences Significant Uptick

In a surprising turn of events, the cryptocurrency market witnessed a sharp increase in prices this Wednesday. This surge came right after the announcement by United States President Donald Trump regarding a 90-day tariff delay and a substantial reduction in reciprocal tariffs during the same period.

Bitcoin and Ethereum Lead the Charge

Bitcoin made a notable comeback, with its price jumping 6.07% at 1:30 pm ET, reaching $80,861.890. Not far behind, Ethereum experienced a 7.11% surge, selling for 1,578.4181 just a minute later.