Cryptocurrencies Rebound as Trump Pauses Mexican Trade Tariffs
- Bitcoin surged nearly $4,000 in an hour, peaking at $99,605 before stabilizing at $99,000.
- XRP rose over 12% to $2.62 after falling to $2.01 on Sunday.
- Solana rebounded to $207 from a low of $183.
- Dogecoin climbed back above $0.271 after hitting a nearly three-month low of $0.216.
- Approximately $2.4 billion in crypto positions were liquidated in the past 24 hours.
The pause on U.S.-Mexico tariffs led to significant rebounds in major cryptocurrencies like Bitcoin and XRP, with Bitcoin reaching up to $99,605 and XRP increasing by over 12% within an hour.
Source (2.6)https://decrypt.co/304124/bitcoin-xrp-dogecoin-rebound-trump-mexican-trade-war?rand=52368
