Crypto Market Today: Bitcoin Approaches $110,000 As Geopolitical Tensions Subside; Altcoins Surge By Up To 5% - CryptoInfoNet

After a weekend marked by a slight correction, the crypto market is already picking up colors. Bitcoin bounces above the 110,000 dollars this Monday, carried by the temporary calming of trade tensions between the United States and the European Union. Trump slows down the threats, the market breathes Saturday's abrupt stall, caused by the announcement of potential customs taxes of 50% on European imports, had sent the BTC under the $108,000. Resu…

Crypto Market Today: Bitcoin Approaches $110,000 As Geopolitical Tensions Subside; Altcoins Surge By Up To 5% - CryptoInfoNet

As of 12:51 PM IST, Bitcoin experienced a 2.1% increase, reaching $1,09,993, while Ethereum saw a 3.6% gain to $2,588. The total market capitalization of cryptocurrencies rose by 2% to $3.46 trillion. Bitcoin’s rebound followed the U.S. government easing its 50% trade tariff threats on European imports, offering short-term relief to global markets. Analysts suggest that the next significant resistance for Bitcoin lies around $112,000. “Bitcoin h…