Crypto mkt Rebounds on Hopes of Trump Tariff Ease

Crypto mkt Rebounds on Hopes of Trump Tariff Ease

By Manoj Dharra

Financial markets showed positive signs early Monday on the back of news that the upcoming Trump tariffs, due on April 2, will be milder than expected.

A Bloomberg report said that some countries will be exempt, and existing levies on steel and other metals may not be cumulative… 

After a prolonged consolidation phase, Bitcoin (BTC) made a major recovery bounce on Monday. Bitcoin’s price rose 3.3% on March 24, crossing the $87,000 mark.

In a bid to drive up the corporate adoption of BTC … Metaplanet has made a strategic move as it stacked up 150 more Bitcoins for approximately $12.6 million This bold move now brings its total holdings to 3,350 BTC as of March 24, 2025. So far in 2025, the company has achieved an impressive BTC yield of 68.3%.

US exchange-traded funds investing directly in Ether have been hit by their longest run of daily withdrawals since launching in July 2024, the group of nine ETFs has shed about $415 million across 13 straight days of net outflows.

Fidelity Plans Ethereum-Based $5.8 Trillion Treasury Digital Fund; ETH Jumps by 4%

Fidelity Launches Solana Fund, Expanding Crypto Offerings; SOL Jumps by 6.5%…

$TRUMP Price Pumps 13% in an Hour, all thanks to Trump’s unexpected endorsement on Truth social…

OpenAI, Meta & Reliance Discuss AI Expansion in India; Majority of AI tokens are up by single digit, RENDR is up Tech Check

Tech Check: With Bitcoin showing strong demand above $86,000 and institutional investors actively positioning through options, a bullish breakout toward $90,000 remains a distinct possibility.

Outlook: The other key factors to watch out for in the coming days are Friday’s PCE reading, the Fed’s preferred inflation gauge, and the appearance of the SEC nominee Paul Atkins and Comptroller of the Currency nominee Jonathan Gould before the Senate Banking Committee on March 27. by double digits.

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