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 cryptocurrency market surged in a broad-based rebound after President Trump softened his stance on EU tariffs.
Bitcoin (BTC) climbed 2% to $89,900, while Ethereum (ETH) rose 2% to $2,995. Solana (SOL) added 2% to reclaim the $130 level. XRP outperformed with a 3% jump to $1.94.
Meme coin CC led all gainers with a 15% surge, followed by SKY at +11% and SAND at +10%. Despite the recovery, market turbulence persisted—the crypto market saw over $1 billion in daily liquidations, underscoring heavy volatility in leveraged positions.
Institutional-grade crypto custodian BitGo officially filed for an IPO at a $2.1 billion valuation. Meanwhile, Solana ecosystem token SKR ignited market excitement, with its fully diluted valuation (FDV) surging 250%. These developments signal renewed interest from both institutional and retail investors in the crypto space.
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