The cryptocurrency market is up today, with the total market capitalization rising by approximately 3.8% in the last 24 hours to reach $2.73 trillion on April 2. The gains were led by Bitcoin (BTC) and Ether (ETH), which have risen around 3% and 5%, respectively.
Crypto market performance Jan. 30. Source: Coin360
Let’s look at the top catalysts driving the crypto market rebound today.
Markets take “deep breath” ahead of Trump’s “liberation day”
The crypto market’s recovery today aligns closely with similar rebounds in the US stock market, ahead of Trump’s “liberation day,” with Bitcoin leading the market higher.
What you should know:
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Dubbed by President Donald Trump as a pivotal moment for US trade policy, the “Liberation Day” on April 2 promises the announcement of reciprocal tariffs aimed at rebalancing global trade.
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Recent weeks have seen cryptocurrencies retreat amid fears of a tariff-induced economic…
