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Bitcoin prices on April 13 increased by 2.3 percent to 8,5330 dollars with the maximum of the current market of $ 1.7 trillion.
Other encryptions such as ETHEREUM (currently at $ 1,605), BNB ($ 592.64) and XRP ($ 2.13) have increased after hitting their lowest levels for five months.
Bitcoin, the world’s largest encrypted currency, witnessed a sharp recovery in its price after US President Donald Trump stopped for 90 days on a “mutual tariff” earlier this week. BTC, which has reached its lowest level since November 7, 2024, is about 74,000 dollars, now recovered to rise to the top of 85,000 dollars to 85,330 on Sunday.
According to Binance, Bitcoin prices on April 13 rose by 2.3 percent to $ 8,530 with the maximum of the current market of $ 1.7 trillion. The trading volume 24 hours reached 26.51 billion dollars, with a distribution of 19.85 million.
Other encryptions such as Ethereum (currently at $ 1,605), BNB ($ 592.64) and XRP ($ 2.13) have jumped after reaching their lowest levels for five months.
According to analysts, Bitcoin, Ethereum and Dogecoin are witnessing a gathering, as many encouraging events such as Trump’s introductory break, SEC’s confirmation of the United States of Paul Atkins and the approval of the circulation of ETHEREUM ETFS options, has provided the decisive credibility of the ecosystem of the encrypted currency.
“The 90 -day tariff and its temporary reduction to 10 % have reduced the uncertainty in the macroeconomic economy and optimism in the new market. Enhancing the demand for digital assets, where investors expect that the least fluctuating geopolitical and commercial environment will witness the way to the strongest capital flows in the encryption market,” said Hymanche Maradia, founder and head of the CIFDAQ group.
However, not all commercial partners have benefited evenly: China was excluded. Before stopping, the American definitions on Chinese imports rose to 125 %, and China has averages with duties of up to 84 %, depths of the trade war and disrupted global supply chains. He added that many investors are now viewing this organizational stop as a positive sign of the broader apostasy in global growth prospects.
PI network currency
Pi Network Coin, the latest recently listed cryptocurrency, has also witnessed a similar increase. It rose to $ 0.77 on Sunday, after it reached less than $ 0.5 last week. During the past 24 hours, the encryption jumped by 7.9 percent on Sunday.
Pi Network is the Web3 Blockchain project that allows users to extract the encoded currency on mobile phones, unlike bitcoin that requires expensive mining equipment. PI currencies can be obtained by opening the application once a day. It started in 2019 by Stanford graduates.
According to the Pi Network, “Pi Network is a community of millions of millions of Cryptocurrency PI for human being to use and create the Web3 Ecosystem system.”
The Pi Coin rose after the open Mainnet launch on February 20.
