In the past 24 hours, the crypto market has witnessed a strong recovery after U.S. President Donald Trump agreed to temporarily suspend tariffs on Canada and Mexico.
Immediately following this news, BTC and many other altcoins surged. Bitcoin regained the $102,000 level after hitting a low of $92,000 yesterday.
Ethereum (ETH) also caught BTC’s bullish momentum, rising 12.44% to $2,803.
The remaining altcoins in the top 10 saw gains ranging from 9% to 25%. The total market capitalization now stands at $3.32 trillion, up 10.87% in the past 24 hours.