As of April 9, 2025, US president Donald Trump has surprisingly announced a halt to the recently imposed tariffs on all the nations 90 days. These tariffs famously known as Trump tariffs had been forcing global markets to move down.
Following the recent update there has been significant gains over the last hour, major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and XRP (XRP) are trading higher.
Bitcoin (BTC) is trading at $81,342 at the moment, up from about $77,000 an hour ago, which represents about more than 5% in the last hour. BTC has gained by 6.18% in the last 24 hours, with a strong $67.21 billion in trading volume and up about 38.74%.
Bitcoin Price Chart, Source: CoinMarketCap
Ethereum (ETH) has also entered the party, trading at $1,585 currently, having been less than $1,500 an hour back which is around up 5%. In the last 24 hours, ETH has gained 7.14% and 24-hour volume to $34.24 billion, a huge 71.12% jump, which suggests significant market participation.
Ethereum Price Chart, Source: CoinMarketCap
XRP too has demonstrated spectacular momentum, advancing to $2.02 from approximately $1.80 last hour, amounting to a round 12% rise over the hour. In the last 24 hours, XRP has appreciated 11.51%, with market cap now reaching $118.19 billion and $8.07 billion traded, indicating a high level of interest and action.
XRP Price Chart, Source: CoinMarketCap
The market spectators are even considering these upside movements as a sign of an upcoming bull run. Only time will tell what is in it for the future of crypto.
