The crypto market rebounded as Trump signaled easing tensions with China. As of now, $BTC is trading at $93,441 and $ETH at $1,756. Bitcoin dominance stands at 64.57%.
Treasury Secretary Scott Bessent, speaking at a closed-door investor summit, stated that the current tariff standoff with China is unsustainable and predicted a de-escalation in the trade war. Trump, speaking hours later, expressed optimism about negotiations, saying he doesn’t intend to “play hardball” with China and believes a deal could be reached “pretty quickly (see below).”
A few other headlines include: Trump says he has no intention of firing Powell, and Cantor nears $3B crypto venture with SoftBank and Tether.
Over the past 24 hours, the top three gainers were $DEEP, $PENGU, and $POPCAT, while the top three losers were $LAYER, $BDX, and $SAROS.
