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 rallied after Trump reversed course on EU tariffs. Bitcoin reclaimed the $89,900 level, Ethereum approached $3,000, and market sentiment improved markedly.
Bitcoin (BTC) gained 2%, trading at $89,900; Ethereum (ETH) rose 2% to $2,995; Solana (SOL) climbed 2% to $130. XRP outperformed with a 3% surge to $1.94. Meme coins CC (+15%), SKY (+11%), and SAND (+10%) led all gainers.
Beyond the macro tailwind, the crypto industry delivered its own catalysts. Crypto custody leader BitGo officially filed for an IPO at a $2.1 billion valuation—one of the most closely watched listings recently. Meanwhile, Solana ecosystem token SKR saw its Fully Diluted Valuation (FDV) surge 250%, drawing significant market attention.
One notable risk: the rally came alongside heavy liquidations. As Bitcoin spiked, over $1 billion in positions were force-liquidated across the market, underscoring the brutal volatility still facing leveraged longs and shorts alike.
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