$ETH The easing of tensions in US-China trade has improved market sentiment, with Bitcoin rising above the $93,000 mark, its highest in the past 2 months.
- After being pushed down to below $80,000 following the US announcement of reciprocal tariffs, Bitcoin (BTC) started a new upward trend late yesterday.
- The world's largest cryptocurrency surpassed $90,000 and has maintained above the $93,000 mark since this morning.
- This is the highest price range since the end of February, approximately 2 months ago. At one point, BTC even approached $93,850, increasing nearly 7% in the past 24 hours.
The world's second-largest cryptocurrency, Ether, also accumulated over 12% to above $1,760. Other tokens such as XRP, Solana, Cardano, and Dogecoin have also increased by 6-12% in the past 24 hours. CoinDesk 20 - an index measuring the strength of the 20 largest cryptocurrencies in the world, excluding stablecoins, memecoins, and exchange coins - is also up over 5%.
Will a breakthrough to $100,000 happen in a few days?