DeFI News by Thebittimes.Com

The global cryptocurrency market is witnessing a sharp rebound on renewed optimism over a potential U.S.–China trade breakthrough. Specifically, within just 24 hours, total market capitalization surged from $3.69 trillion to $3.84 trillion, adding roughly $150 billion in value. Crypto market cap chart. Source: CMC Several assets have been at the forefront of this momentum. For instance, as of press time, Bitcoin (BTC) had climbed 1.54% to $113,566, while Ethereum (ETH) followed with a 3.39% rally to $4,076.  Solana (SOL) rose 2.49% to around $198, BNB (BNB) gained 1.91% to $1,135, and XRP joined the uptrend with a 2.70% increase to $2.65. Top crypto market gainers. Source: Finbold Why crypto market is rallying  The surge came after significant developments in Beijing and Washington, where China’s Vice Minister of Commerce announced that both nations had reached a “consensus” on key trade issues. The discussions reportedly covered export control...

The US dollar future faces unprecedented challenges right now, and many investors are actually wondering why is the dollar falling today. The greenback has dropped about 15% since September 2022, and experts are warning that this decline might signal a bigger structural change in how the world’s monetary system works. Current market conditions suggest the US dollar future may be entering what analysts describe as a “longer-term bear market” that’s being driven by erratic policymaking and also accelerating de-dollarization efforts worldwide. Also Read: China’s BRICS Play: Fuels De-dollarization & Russian Oil to Defy US JPMorgan Outlook, Falling Dollar, And De-Dollarization Risk For More Countries Source: PYMNTS.com Policy Shock Undermines Dollar Confidence The US dollar future turned sharply negative following Trump’s “Liberation Day” tariff announcement on April 2nd, which actually triggered an immediate 10% currency decline. This policy shock b...

The cryptocurrency market is making another turnaround. Bitcoin (BTC) has reclaimed the $85,000 price point after briefly dropping to below $80,000 last week. The global crypto market cap has risen 1.3% in the last 24 hours to $2.91 trillion. Pi Network (PI) is also experiencing a surge right now. The coin is up by 3% in the last 24 hours. Despite the slight recovery, PI is down by 31.8% in the weekly charts and 38.9% in the 14-day charts. Also Read: Cardano Prediction: AI Sets ADA Price For March 25, 2025 Source: CoinGecko Cryptocurrency Market Recovers Amid Bullish Developments Source: Cryptopolitan The latest rally is likely due to the Federal Reserve keeping interest rates unchanged. The market may have faced a correction if the Fed had increased borrowing rates. PI and other assets are likely experiencing a surge in investor confidence. Also Read: Shiba Inu: Here’s How $500 In SHIB Became $51 Million Another reason for the rally could be the appointment of Paul Atkins as the new S...