Synopsis
Bitcoin’s market capitalization increased to $1.928 trillion, with a dominance of 60.71%. Its 24-hour trading volume dropped by 14.7% to $50.96 billion. Stablecoins made up 94.15% of the total crypto trading volume, totaling $110.66 billion, according to .
Bitcoin and other major cryptocurrencies rallied on Thursday as investor sentiment improved after U.S. President Donald Trump delayed tariffs on auto imports for a month.
As of 10:39 AM IST, Bitcoin was up 6% at $92,168, while Ethereum surged 5.5% to $2,294. The global crypto market cap gained 5% to $3 trillion in the past 24 hours. Altcoins also saw gains, with Cardano rising 3.3%, Solana up 4.7%, Dogecoin jumping 8%, and XRP gaining 3%.
“Bitcoin has surged past $91,000, driven by optimism following Trump’s tariff delay. This move has injected confidence into the market, pushing Bitcoin up over 5% in a day,” said Shivam Thakral, CEO of BuyUcoin.
Crypto Tracker
TOP COIN SETSCrypto Blue Chip – 53.97% BuyBTC 50 :: ETH 502.43% BuyNFT & Metaverse Tracker-5.94% BuyWeb3 Tracker-7.50% BuyAI Tracker-8.19% BuyTOP COINS (₹) Bitcoin7,998,785 (5.05%)BuyEthereum199,705 (5.02%)BuyXRP218 (2.59%)BuyBNB52,678 (2.2%)BuyTether87 (-0.03%)BuyAlankar Saxena, CTO & Cofounder of Mudrex, said, “Trump’s tariff delay has eased concerns, pushing major coins higher. If BTC sustains these levels, a move to $95,000 is likely, with strong support at $87,600.”
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View Details »Also Read: Peter Schiff calls Trump’s crypto reserve push a ‘Pump and Dump’, demands congressional probe
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Bitcoin’s market capitalization rose to $1.928 trillion, with dominance at 60.71%. Its 24-hour trading volume fell 14.7% to $50.96 billion. Stablecoins accounted for 94.15% of total crypto trading volume, reaching $110.66 billion, according to .
Other major altcoins, including Tron, Pi Coin, Chainlink, and Hedera, gained up to 15%, while Stellar, Avalanche, Sui, Litecoin, and Shiba Inu rose as much as 12%.
“The Crypto Fear and Greed Index edged up to 25 but remains in ‘Extreme Fear’ territory. Bitcoin now faces resistance at $94,000, with $85,000 as a key support level,” said Vikram Subburaj, CEO of Giottus.
Sathvik Vishwanath, Co-Founder & CEO of Unocoin, said, “If institutions regain confidence, Bitcoin could approach $100,000. However, if resistance holds, BTC may consolidate between $85,000 and $92,000 or correct toward $82,000.”
Also Read: Pi Coin’s next move: Can it hit $100 and beyond?
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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