Shocking Crypto Recovery: You Won’t Believe What Trump Did! 😲

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In the most curious turn of events, the prices of cryptocurrencies have exhibited a most delightful recovery, coinciding with the recent announcement from the esteemed President Donald Trump, who has graciously decided to pause his import tariffs on our dear neighbors, Canada and Mexico, for a period of thirty days. How magnanimous! Bitcoin, that most illustrious of coins, has regained its stature, soaring to a remarkable high of $102,000, whilst the altcoins, such as Ethereum, XRP, and Solana, have also joined in this merry dance, each rising over 10% in a single day. And let us not forget the meme coins, which have taken to the skies with DOGE, SHIB, and PEPE, each surging nearly 20%. What a spectacle! 🎉

Pray, allow me to present a brief overview of the most captivating updates from the crypto market on this fine day, February 4.

Crypto Prices Today: A Most Fortuitous Recovery

It is with great pleasure that I report the broader cryptocurrency sector is showing signs of recovery, as the aforementioned tariffs have been temporarily shelved. The trade war, which had previously cast a shadow over our markets, has now subsided, allowing for a most uplifting sentiment to prevail.

The United States has reached an agreement with Canada and Mexico, focusing on matters of border enforcement and the ever-pressing issues of drug cartels and organized crime. As a result, the proposed tariffs shall remain on hold for at least thirty days, as proclaimed by the ever-diplomatic Canadian Prime Minister, Justin Trudeau, on the social media platform X. However, let it be noted that the tariffs on China remain firmly in place, much to the chagrin of many.

Consequently, the prices of cryptocurrencies have rebounded with remarkable speed, as the trade war has proven to be one of the swiftest in history. The global crypto market cap has soared by an impressive 8.46% in a single day, reaching a staggering $3.32 trillion. One can hardly keep up! 😅

Bitcoin Price: A Resplendent Recovery

In the past twenty-four hours, Bitcoin has gained nearly 7%, now resting at the princely sum of $100,733. Its intraday low and high were recorded at $92,767.89 and $102,514.17, respectively. However, it is worth noting that Bitcoin’s market dominance has seen a slight decline of 0.99%, now standing at 60.27%, indicating that the altcoins have outshone our dear BTC in this recovery. How the tables have turned! 🧐

Ethereum Price: Soaring High

Ethereum, too, has joined the ranks of the triumphant, with a delightful 11% increase, now trading at $2,803. Its 24-hour low and high were $2,450.66 and $2,919.48, respectively. This rise is attributed to the broader market recovery, and a rather bullish event has unfolded, as Donald Trump’s World Liberty has purchased a staggering 1,826 ETH, igniting a spark of optimism for the coin’s future, despite its recent fluctuations. Who knew politics could be so profitable? 😂

XRP Price: A Whopping Surge

XRP has not been left behind, surging by a remarkable 20% in the past day, now trading at $2.71. Its intraday low and high were recorded at $2.14 and $2.78, respectively. It appears that the Ripple-backed cryptocurrency is mirroring the broader market trend with great enthusiasm.

Solana Price: A Modest Increase

As of the latest reports, Solana has witnessed a respectable 9% uptick, reaching $216, with its intraday low and high recorded at $190.28 and $220.00, respectively. A commendable performance, indeed!

Meme Crypto Prices: A Joyous Uptrend

In a delightful twist, the meme coins have also joined the uptrend, with DOGE rocketing 20% to $0.2818. Shiba Inu has soared by 19%, now trading at $0.00001627, while PEPE has enjoyed a gain of 17%, standing at $0.00001065. Truly, the world of memes is a whimsical one! 🐶

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2025-02-04 07:45