Bitcoin (BTC) price hovers around $87,000 on Wednesday after recovering 4% in the last three days. Ethereum (ETH) and Ripple (XRP) find support around their key level, suggesting a recovery on the cards. Traders should keep an eye on Trump’s upcoming “Liberation Day” on April 2, with significant tariff announcements, which could trigger increased volatility in the cryptocurrency market due to the potential impact of reciprocal tariffs.
Solana’s (SOL) price hovered around $142 at the time of writing on Wednesday after recovering by 7% so far this week. Asset management companies show a rising interest in the Solana platform as the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) fund launches on the Solana platform while Fidelity files for a spot Solana Exchange Traded Fund (ETF) with Cboe Global Markets, bolstering SOL’s bullish outlook.
Ripple confirmed on Tuesday that it will no longer pursue its cross-appeal against the United States (US) Securities and Exchange Commission (SEC). XRP’s price remained fairly muted despite the positive development.
