Crypto majors are green and rebounding after Trump pivoted on EU tariffs; BTC +2% at $89,900; ETH +2% at $2,995, SOL +2% at $130; XRP +3% to $1.94. CC (+15%), SKY (+11%) and SAND (+10%) led top movers
The crypto market rebounded across the board after Trump signaled a slowdown on EU tariffs. Bitcoin reclaimed the $89,900 level, Ethereum approached $3,000, and Solana held above $130. Market sentiment has clearly warmed, with multiple major tokens posting single-day gains exceeding 2%.
Bitcoin (BTC) gained 2% to $89,900; Ethereum (ETH) climbed 2% to $2,995; Solana (SOL) rose 2% to $130; XRP outperformed with a 3% jump to $1.94. Notably, CC, SKY, and SAND led gains, surging 15%, 11%, and 10% respectively, signaling capital rotating into smaller-cap crypto assets.
Solana ecosystem token SKR has sparked market buzz, with its FDV (fully diluted valuation) spiking 250%, making it the most-watched token this week. Meanwhile, crypto custody giant BitGo filed for an IPO at a $2.1 billion valuation, reflecting growing institutional infrastructure providers' appetite for public markets.
The rebound came with sharp swings—total contract liquidations exceeded $1 billion, showing leveraged traders took heavy losses during the direction shift. Analysts warn that tariff policy uncertainty persists, and caution is advised for short-term plays.
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