Cryptocurrencies rebounded on Monday, Bitcoin (BTC) joining $ 100,000 while the concerns concerning a complete trade war have decreased considerably with Mexico reaching an agreement with US President Donald Trump.
Mexico President Claudia Sheinbaum said the government would deploy 10,000 soldiers to the American border on Monday to stop illegal weapons and drug trafficking. She also said the prices will be delayed by one month.
Stressing the sudden change in feeling, the chances on the prediction market market that Donald Trump will remove the prices for covers against Mexico before May 80%, compared to around 50% earlier during the day.
Bitcoin jumped its $ 91,300 on Monday after the capitulation overnight, and increased by 1.5% the day, according to tradingView data. Ethereum’s ether (ETH) joined over $ 2,700 of almost $ 2,000, while Solana soil was negotiated over $ 200. XRP advanced 40% compared to its hollows, exchanging about $ 2.5.
American shares have reduced the previous declines by around 50%, the NASDAQ is now less than only 1%and the S&P 500 0.75%.
