Bitcoin, Ethereum, XRP, Dogecoin Explode For Double-Digit Percentage Gains After Trump Trade Deal News

Bitcoin, Ethereum, XRP, Dogecoin Explode For Double-Digit Percentage Gains After Trump Trade Deal News

The cryptocurrency market surged following news of a new U.S.-U.K. trade agreement, according to Benzinga. The rally pushed Bitcoin above $100,000 and sparked rallies across Ethereum, XRP, and Dogecoin. Blockchain data firm IntoTheBlock reported a 2.3 increase in large transaction volume and an 8.7 rise in daily active addresses. Transactions over $100,000 climbed by nearly 1,000 in a day. Coinglass recorded $583 million in liquidations over 24 hours, mostly short positions, marking the highest level since April 22. Crypto analysts expect a strong altcoin rally as Bitcoin consolidates above $100,000, with declining BTC dominance and bullish signals confirming renewed market strength.


User: Benzinga

Views: 68

Uploaded: 2025-05-09

Duration: 00:47

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