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
Bitcoin (BTC) surged 2% following President Trump's signal that tariff hikes on the EU could be delayed, reclaiming the $89,900 level. Ethereum (ETH) climbed 2% to $2,995, Solana (SOL) rose 2% to $130, and Ripple (XRP) outperformed with a 3% jump to $1.94.
Beyond the headline movers, the top gainers were:
Beyond macro policy shifts, the crypto sector itself generated significant developments. Crypto custody giant BitGo successfully completed its IPO with a valuation of $2.1 billion, marking one of the most notable listings recently. Simultaneously, SKR token from the Solana ecosystem saw its FDV surge 250%, drawing considerable market attention.
However, as bullish momentum recovered, the market also experienced sharp volatility. During Bitcoin's rebound, total liquidations exceeded $1 billion across the market, indicating both leveraged long and short positions faced mass forced liquidations. Analysts cautioned investors to remain vigilant about volatility risks and continue monitoring the Trump administration's next trade policy moves.
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