Tag: Cryptos rally

Cryptos rally as Trump’s tariff threats turned out to be a hoax

Cryptos rally as Trump’s tariff threats turned out to be a hoax

Cryptocurrency markets experienced a volatile rebound after initial panic over Trump’s tariff threats subsided. While Bitcoin initially plunged from $105,000 to $91,000 following Trump’s tariff announcements, prices recovered above $100,000 after temporary pauses on Mexican and Canadian tariffs were announced. Speculation also surged due to leaks about a potential U.S. “strategic crypto reserve,” with analysts noting that Trump’s pro-crypto policies,…

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