Market Update

Current currencies and shares related to encryption rise after the customs tariff stopped

The prices of encrypted currencies and shares related to encryption jumped on Wednesday (April 9) after President Donald Trump stopped the new definitions he placed in more than 75 countries.

like From 2:55 pm East time, the Bitcoin price increased by 7.6 % during the previous 24 hours Return Above 80,000 dollarsSearch for alpha I mentioned Wednesday.

Several other symbols have seen gains ranging from 14 % and 23 % at that stage of today, including Oondo, Hedra Hashgraph, SUI, Pepe and ChainLink and Avalanche, according to the report.

numerous The shares related to encryption increased with the wider marketThe report said. Crypto Excination Coinbase Global, Bitcoin Corporaate Strategy, Crypto Galaxy Digital and Six Bitcoin miners witnessed gains after Trump’s announcement of the definitionsAccording to the report.

Trump’s announcement came on Wednesday mail On the social truth. He said that for 75 countries that contacted representatives of the United States to negotiate a solution to trading problems, He did not “take revenge in any way, shape, or shape against the United States,” he authorized a temporary stop for 90 days and reduced Mutual definitions To 10 %, immediately effective.

In the same position, Trump said he was raising the tariff for China to 125 %, immediately, after that country announced revenge moves.

On Monday (April 7) that Current currency pricesIncluding bitcoin and ether, sank amid a “tariff tariff”. The losses occurred, as Trump refused to budge on the wide tariffs that already erased trillions of American stocks.

before Definition adsThe prices of digital assets have risen since Trump’s winning election victoryWith the price of bitcoin that reaches standard levels on the day of its inauguration.

when Current currency stocks Thursday (April 3) fell after one of the White House definitions, and it was reported that the new fees were Leave investors He led them to sell the most dangerous assets.

While Trump seems more suitable for encryption than his predecessor, the wider economic instability associated with the sector still affects some companies. However, some analysts argued that low prices were less dramatic than that visual In other industries.

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