Bitcoin Recovers $100,000 as Mexican Tariff Delay Sees Crypto Assets Rebound

Cryptocurrencies are rallying en masse as the Trump administration gives up a month to impose tariffs on Mexico.
As of 8:20 a.m. on the 4th, CoinMarketCap, a global coin market relay site,
On Wednesday, Bitcoin (BTC) surged 4.03% from the previous 24 hours to $101,635.
Ethereum, the second-largest cryptocurrency by market capitalization, also rose 1.75% to trade at $2,886.
In particular, Ripple, the third largest cryptocurrency by market capitalization, surged 8.19% to $2.72. On that day, Ripple traded between a low of $1.95 and a high of $2.78.
It rose from a low of $1.95 to $2.78, a whopping 42.56% surge.
In addition, Solana and Dozicoin surged 8.47% and 9.74%, respectively.
Assets rallied in unison. This was because the Trump administration extended the Mexican tariffs for one month. President Trump has been a big investor in True Social Media, a social media company he founded.
"I just had a call with Mexican President Claudia Sheinbaum," he said, "It was a very friendly conversation and she announced that she would deploy 10,000 Mexican troops to the Mexico-U.S. border."
"These soldiers will prevent the influx of fentanyl and illegal immigrants," he said. "As a result, the two countries have agreed to a one-month halt in tariffs.
" he added.