The broader cryptocurrency market has charted a notable increase over the past hours following an announcement from the US president about a “major trade deal” expected to be announced tomorrow.
BTC, ETH, XRP, Altcoins Gain
As reported by CryptoPotato, Bitcoin’s price is seemingly aimed for the significant technical and psychological resistance level at $100,000.
The broader cryptocurrency market is also mostly in the green, as seen in the heatmap below.
Ethereum (ETH) is up by 3.6%, following a major update called Pectra, which combines a total of 11 Ethereum Improvement Proposals (EIPs), including account abstraction designed to transform regular wallets into smart contract-like powerhouses.
XRP is also in the green, with its price rising by almost 2%. Other altcoins such as SOL, DOGE, ADA, AVAX, LINK, TONCOIN, HBAR, and more, are charting gains between 2% and 5%.
Trump Teases Major Trade Deal
Representatives of the United States and China are expected to meet this weekend to discuss a potential trade deal.
President Donald Trump posted on Truth Social about an announcement of a major deal coming up tomorrow, although he did not share any concrete details.
Big News Conference tomorrow morning at 10:00 AM., The Oval Office, concerning a MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG AND HIGHLY RESPECTED COUNTRY. THE FIRST OF MANY.
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