Mumbai: After a trade agreement with the United Kingdom, the US has now suspended its tariff war with China for 90 days and the two countries have decided to reduce the mutual tariff by 115 percent, further improvement in the major crypto bitcoin, which was seen above $ 105,000 in intraday trade.
The cryptocurrency began again after the US Federal Reserve’s decision to keep the interest rates stable, and the tariff cut has led to a further acceleration.
The total market capitalization of cryptocurrency also increased to 3.46 trillion dollars. The back of bitcoin, XRP and other cryptos like Solana also saw an increase. The price of Etherium was above $ 2,500.
In the last twenty -four hours, the price of bitcoin was at the highest level of $ 105,433 to the highest level of $ 105,433 and the lowest level of $ 103,729, and late in the evening it reached $ 104,630. In January this year, Bitcoin reached an all -time high of $ 109,114.88.
An analyst said that bitcoin is getting stronger at the present level. Market sources say that optimism in the cryptocurrency market is getting stronger again, as it is indicating that the trade war is gradually ending. It is believed that policy makers are in favor of Bitcoin, as Arizona and New Hampshire have passed the Bitcoin Strategic Reserve Bill.
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