Cryptocurrencies jumped on Monday with Bitcoin (BTC), which gathered against $ 100,000 when concern over a full -blown trade war significantly subsided when Mexico reached an agreement with US President Donald Trump.

Mexico President Claudia Sheinbaum said on Monday that the government will deploy 10,000 troops on the US border to stop illegal weapons and drug trafficking. She also said customs rates will be delayed for a month.

Emphasizes the sudden mood change, odds in the prediction market Polymarket that Donald Trump will remove blanket rates against Mexico before May was added 80%, up from approx. 50% earlier today.

Bitcoin rose from its Monday low levels of $ 91,300 after capitulation overnight and rose 1.5% of the day, TradingView shows data. Ethereums ether (ETH) gathered over $ 2,700 from nearly $ 2,000, while Solana’s sun traded over $ 200. XRP advanced 40% from its low and traded about $ 2.5.

US shares narrowed earlier fall by approx. 50%, with nasdaq now lower with only 1%and S&P 500 0.75%.