BTC price tops $ 84.5K, XRP, ETH, ADA GAIN 6%Since Trump exempts key technology from mutual tariffs

Bitcoin (BTC) rose over 1.5% to $ 84,900 on Saturday and was looking to break a three-month downward downwards after the Trump administration issued new guidance on mutual tariffs indicating several exceptions such as smartphones, computers, chips and other electronics.

These exclusions published by US customs and border protection exclude the stated products from President Donald Trump’s 125% China -duty and his baseline 10% global tax.

“The United States imports over $ 60 billion smartphones a year. These exceptions cover some of the most crucial imports in another sign that the United States admitted in the trade war. After all, the bond is forcing the bond market Trump to admit,” Kobeissi said at X.

The US and China progressed to merchant stresses this week and introduced import tariffs over 100% over each other. There are still some sections of the financial market that are priced in disinflation in the United States that go against the popular inflation fear of suggesting that Fed will soon have a games to reduce interest rates.

BTC’s daily chart. (TradingView/Coindesk)

The diagram shows that BTC is looking to establish a foothold over the falling trendline that characterizes the steep sales from record highs above $ 109K. The so-called Trendline breakout could lure more short-controlled buyers to the market.

Meanwhile, large alternative cryptocurrencies such as ETH, XRP and ADA rose by 6% of the day, indicating a tendency for increased risk taking on the wider crypto market. The cumulative market capital of two top stableecoins, USDT and USDC, held stable over $ 200 billion, just shy for record heights.

This positive momentum in the crypto market, which was opened for trade this weekend, suggests the potential for price gains on Wall Street is coming Monday.

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