Leading cryptocurrencies rose somewhat on Sunday after President Donald Trump had delayed the rates for the import of the European Union with more than a month.
| Cryptocurrency | Wins +/- | Price (recorded at 8:30 PM et) |
| Bitcoin BTC/USD | +1.18% | $ 109,221,97 |
| Ethereum ETH/USD | +0.95% | $ 2,555.88 |
| Dogecoin Doge/USD | -0.05% | $ 0.2253 |
What happened: Bitcoin jumped at night to an Intraday high from $ 109,775.28, lifting Ethereum And the wider market due to a few notches. The second largest cryptocurrency sailed past $ 2,550.
The increase comes after Trump agreed to postpone the 50% rates for the import of the European Union until 9 July of 1 June, after a call with the European Commission Chairman Ursula von der Leyen.
Shares and cryptocurrencies were pulled lower on Friday after Trump threatened to impose 50% taxes on one of the largest trading partners. The red -hot rally from Bitcoin was stopped and it fell to $ 107,500.
More than $ 200 million was liquidated from the cryptocurrency market in the last 24 hours, with lungs good for $ 114 million.
The dominance of Ethereum rose to 1.68%, while the share of altcoins in the market fell below 28%.
Bitcoin’s open interest rose by 1.96% to $ 76 billion in the last 24 hours, after a fall in the highlights of $ 80 billion on tariff developments.
More than 58% of Binance traders with open BTC positions were briefly on the leading cryptocurrency, which suggests that further disadvantages could be on the way.
The cryptocurrency market retained the “greed” sentiment, as indicated by the crypto fear and greed index.
Top Gainers (24 hours)
| Cryptocurrency | Wins +/- | Price (recorded at 8:30 PM et) |
| Hyperliquid (Hype) | +12.36% | $ 39.09 |
| Zcash (Zec) | +11.46% | $ 54.73 |
| EOS (EOS) | +4.66% | $ 0.7677 |
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The global market capitalization of cryptocurrency was $ 3.42 trillion, after a modest increase of 0.52% in the last 24 hours.
Stockfutures also climbed. The Dow Jones Industrial Average Futures Rose 304 points, or 0.73%, from 8:40 pm Edt. Futures connected to the S&P 500 won 0.86%, while Nasdaq 100 Futures 1.03%added.
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Notes of analysts: Cryptocurrency analyst Abbot noted a bullish pennant for Bitcoin. A bullish pennant is a continuation diagram pattern, indicating resumption of an upward trend after a break or consolidation period.
“It bounced back nicely from the support level, which is a good sign,” said Abbé. “I think that the next week will be good for BTC. I can smell a new ATH again.”
Abbé also commented on ETH’s prospects and stated that it was actively trying to reclaim the Gaussian channel.
The Gaussian channel uses statistical principles to determine the upper and lower limits of the price movements of an active.
“Since 2020, ETH has only recovered this channel twice. And both times Eth pumped hard,” said the analyst. “If ETH is regaining this, I am sure of $ 4,000 ETH by Q3 2025.”
Photo Coreignity: Alfernec on Shutterstock.com
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