Wed, February 5, 2025
Tue, February 4, 2025
[ Tue, Feb 04th ]: MSN
BitcoinIRA Review 2025
[ Tue, Feb 04th ]: MSN
Starbucks' Slow-Drip Recovery

Ripple (XRP), Ethereum, Cardano lead $200B crypto market rebound as Canada and Mexico end Trump trade war


  Copy link into your clipboard //stocks-investing.news-articles.net/content/202 .. nd-as-canada-and-mexico-end-trump-trade-war.html
  Print publication without navigation Published in Stocks and Investing on by FXStreet

The crypto market rebounded sharply, adding over $190 billion to its aggregate valuation on Tuesday per Coingecko data as US President Donald Trump postponed tariffs imposed on Mexico and Canada.

The article from FXStreet discusses a significant rebound in the cryptocurrency market, with a total market capitalization increase of over $200 billion in the last 24 hours as of February 4, 2025. This surge is attributed to the end of the trade war between Canada, Mexico, and the U.S., which has positively impacted investor sentiment. Leading the charge are major cryptocurrencies like Ripple (XRP), Ethereum (ETH), and Cardano (ADA). XRP saw a notable 12% increase, driven by positive developments in its legal battle with the SEC. Ethereum and Cardano also experienced substantial gains, with Ethereum up by 9% and Cardano by 11%. The market's recovery is further supported by a general increase in risk appetite among investors, following the resolution of trade tensions, which has led to a broader market uplift including stocks and commodities.

Read the Full FXStreet Article at:
[ https://www.fxstreet.com/cryptocurrencies/news/ripple-xrp-ethereum-cardano-lead-200b-crypto-market-rebound-as-canada-and-mexico-end-trump-trade-war-202502042357 ]

Publication Contributing Sources