Today’s encryption prices: Bitcoin exceeds $ 87,000, Rally Altcoins with clarity in the market eye trade policy

Bitcoin and Major Cryptocurrencies were traded on Wednesday, as investors are waiting for more clarity on US President Donald Trump’s policies, especially with regard to the upcoming tariffs.

Trump recently stated that all the definitions will not become valid on the deadline on April 2, with some exemptions for some countries. However, he also presented a new step for commercial policy, as it announced a 25 % secondary tariff for countries that buy oil or gas from Venezuela. This development added uncertainty to global markets, including encryption.

As of 11:28 am, Bitcoin was trading at $ 8,7271, an increase of 0.84 % in the past 24 hours, while Ethereum gained 2.3 % trading at $ 2047. The total value of the cryptocurrency market increased by 0.93 %, reaching $ 2.86 trillion.

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“Bitcoin moves within a narrow range ranging from $ 87,000 to 88,500 dollars, while ETHEREM follows a similar pattern, in an attempt to restore the level of $ 2100. data on the series indicate that Bitcoin has seen $ 424 million of exchanges during the past week, indicating the accumulation of long -term investors.”

He added: “April was historically a strong month for Bitcoin, with an average profit by 13 %. However, for BTC to reach $ 100,000, it must first exceed the main resistance level of $ 90,000, while support is currently $ 85,400.”

Sathvik Vishwanath, co -founder and CEO of UNOCOIN, noted that despite the recent fluctuations, Bitcoin tests the main trend resistance. He said: “The momentum indicators indicate a potential outbreak, which can pay about $ 95,000 if the upscale emotions prevail. On the negative side, withdrawal can provide withdrawal to 86,400 dollars, the opportunity to buy, as long as the support retains during the American trading session.”

Between the main altcoins, Solana increased by 2.2 %, Xrp 1 % increased, Cardano gained 2.3 %, Ducin jumped by 4.5 %. Meanwhile, ChainLink, Avalanche, Hedra, Shiba Inu and Stellar recorded between 2 % and 8.5 %.

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Bitcoin’s market value increased to $ 1.731 trillion, with hegemony increased to 60.54 %. However, the trading volume decreased 24 hours by 13.22 % to 28.9 billion dollars. Stablecoin 94.44 % of the total encryption trading, reached 71.52 billion dollars, according to Coinmarketcap.

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