Trump's Positive Signals Bring Rise to Bitcoin and Altcoins! - Coin Bulletin

Koinbulteni · 2025-03-24T07:13:09+00:00

Bitcoin, Solana, and XRP prices rose on news that Trump's upcoming tariffs might be less extensive, boosting investor optimism. Market sentiment improved with expectations of limited tariffs, pushing Bitcoin to $86,500, Solana up 6% to $138, and XRP up 2.5% to $2.44. Positive news also elevated Asian markets and U.S. futures. Overall, a more restrained approach to tariffs is seen as beneficial for market stability.

Koinbulteni

2025-03-24 07:13:09

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Today, Bitcoin (BTC), Solana (SOL), and XRP rose on news that Trump’s tariffs to be announced on April 2 will be narrower in scope.

The markets gained momentum with expectations that the new tariffs to be announced by U.S. President Donald Trump on April 2 could be more limited in scope. This development increased investors’ appetite for risk, causing Bitcoin (BTC) price to rise to $86,500 and Solana to gain approximately %6 in value, rising to $138. XRP increased by %2.5 to $2.44, continuing the positive price movement that has persisted for the past two weeks.

(# Positive sentiment in the market

Risk-taking appetite in Asian markets increased after news about Trump’s tariffs. Futures on major indices such as the S&P 500, Dow Jones and Nasdaq rose over 0.5%. The VIX, known as Wall Street’s fear index, fell 2.5% to 18.88 points.

)# How does slowing down the tariffs affect the market?

Trump’s trade policies had created significant volatility in the markets in February. Bitcoin ###BTC### fell by 17.6%, dropping below the $80,000 level. However, with the Federal Reserve’s new decision regarding risky assets, the market began to rise again. These developments reinforced investors’ feelings of optimism.

TRUMP-4,7%

BTC-5,21%

SOL-9,54%

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