Crypto Price Analysis 4-10: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, CELESTIA: TIA, DOGWIFHAT: WIF, JUPITER: JUP, PENDLE: PENDLE
The post Crypto Price Analysis 4-10: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, CELESTIA: TIA, DOGWIFHAT: WIF, JUPITER: JUP, PENDLE: PENDLE appeared on BitcoinEthereumNews.com.
The cryptocurrency market rallied sharply on Thursday after President Donald Trump paused tariffs imposed on almost all nations for 90 days, giving the stock and crypto markets a much-needed breather from constant volatility. The crypto market registered substantial gains, with some tokens rallying nearly 50%. Crypto stocks also registered significant gains, with the S&P 500 posting its third-largest single-day gain since World War 2. Bitcoin (BTC) rallied to surge past $80,000 and reach a day high of $83,453 before marginally declining to its current level. The flagship cryptocurrency has maintained its position above $80,000 and is currently up almost 6% and trading at $81,903. Ethereum (ETH) registered a substantial recovery as well, with the price rising over 8% and settling at $1,600. Meanwhile, Ripple (XRP) reclaimed $1 after a rally of nearly 10%, while Solana (SOL) solidified its position above $100 with an increase of almost 7%. Dogecoin (DOGE), Cardano (ADA), Chainlink (LINK), Toncoin (TON), Stellar (XLM), Hedera (HBAR), Litecoin (LTC), and Polkadot (DOT) also registered notable increases. As a result, the crypto market cap has surged over 5% and currently stands at $2.58 trillion. Crypto Market Rallies As Trump Pauses Tariffs The crypto market rallied sharply on Thursday after President Donald Trump paused tariffs for 90 days, sparking a bull run in the equity market and bringing much-needed respite for risk assets like crypto. As a result, BTC rallied nearly 8% from a day low of $74,624 to a day high of $83,605 before registering a marginal decline and settling around $82,000. Markets rebounded thanks to a 90-day pause in reciprocal tariffs, easing investor sentiment. Paul Atkins’s confirmation as the new SEC Chair also contributed to the positive sentiment. Alankar Saxena, Co-founder and CTO at Mudrex, stated, “The crypto market saw a strong rebound after Trump announced a 90-day…
Filed under: News - @ April 11, 2025 2:21 am