Bitcoin And other major assets are on a surprise increase after a brutal day of drops, after President Donald Trump will arouse the planned implementation of commercial prices against Mexico and will try to negotiate an agreement with the country.
The price of Bitcoin has increased by almost $ 4,000 in the space of an hour while the news started to spread, increasing up to $ 99,605 before cooling at its current $ 99,000 level. The price of the main cryptocurrency had fallen as low as $ 92,460 late Sunday, while the concerns of the trade war spread quickly, shaking up other markets beyond the crypto.
While Bitcoin took a hit, other major assets plunged stronger over the weekend. Xrp Started in February above the $ 3 mark, but fell up to $ 2.01 late Sunday. He increased hard once the news of Mexican negotiations have been released, tearing more than 12% in one hour and reaching a current price of $ 2.62.
XRP is still down 5% compared to the day and almost 14% over the week, but has represented more than half of the ground lost so far this month.
Other major pieces have also found land after losses in the last day, with Solara bouncing up to $ 207 at present after falling as low as $ 183 on Sunday, and Mastiff Rebound at more than $ 0.271 after poured out at $ 0.216 late Sunday, a lower than three months for the original room.
Almost $ 2.4 billion in crypto posts have been liquidated in the past 24 hours, according to data from Rinsing– Even if the CEO of Bybit, Ben Zhou, said on X (formerly Twitter) that these figures could be Short of realitybased on the share of its liquidation platform.
Mexican president Claudia Sheinbaum announced on Monday that she had spoken with Trump and agreed to a break at the American prices, as well as to the planned reprisals of Mexico – and that Mexico will send 10,000 soldiers on the American border to try to prevent illegal drug trafficking and migration.
Asset wrote On his social platform of truth that the countries “agreed to take a break immediately of the prices provided for a period of one month”, with negotiations provided with the secretary of state Marco Rubio, the secretary of the Treasury Scott Bessent And the commercial secretary Howard Lux President Trump added that he hoped to “conclude an” agreement “in Mexico.
The commercial prices provided against Canada and China are expected to come into force on Tuesday.
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