Here is what happened yesterday in the crypto market:
Bitcoin Hits $86K Amid US Tariff Changes
Bitcoin soared to an eleven-day high of $86,000, with the recent relief in US tariffs on electronics believed to have played a pivotal role in boosting market optimism and triggering a crypto relief rally. Traders and analysts anticipate further momentum as financial policy evolves.
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Michael Saylor Signals More Bitcoin Buys After $7.7B Q1 Acquisition
Michael Saylor, co-founder of Strategy (MSTR), has hinted at another substantial Bitcoin purchase in the wake of the company’s massive $7.69 billion buying spree in Q1, despite recent market volatility and signs of a net loss for the period.
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Trump-Linked Project Acquires $775,000 in SEI Tokens
World Liberty Financial, tied to the Trump family, continues its altcoin accumulation strategy by purchasing $775,000 worth of SEI tokens, signaling potential confidence in alt market prospects as other major players follow suit.
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Gold-Backed ETFs Outperform as Investors Seek Stability
Amid increased volatility in crypto and traditional markets, gold-backed tokens such as PAXG and XAUT have seen a surge in inflows and outperformed the broader crypto market, indicating a rising preference for tokenized asset stability among investors.
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