XRP, Ethereum, Bitcoin, Solana Buyers Return
XRP, Ethereum, and Solana buyers are putting pressure as President Trump announced a pause on trade tariffs.
Bitcoin was trading above the $98K line, and Ethereum broke the $2650 resistance line while XRP powered above $2.64
President Donald Trump announced Monday that he is halting his new 25% tariff on goods coming into the US from Mexico for a month after Mexican President Claudia Sheinbaum promised to deploy 10,000 troops to her nation’s northern border right away to combat drug trafficking.
The pause increased buying pressure on Bitcoin and the altcoin market as major assets recovered.
Trump claimed to have spoken with Sheinbaum Monday morning He and Sheinbaum described the 10,000 Mexican National Guard soldiers she is deploying to the U.S. border will have the goal of stopping the trafficking of drugs, especially the deadly opioid fentanyl, from Mexico.
In his post on Truth Social, Trump also stated that the Mexican troops would try to halt the “flow of migrants into our Country.”
“We agreed to immediately pause the anticipated tariffs for one month with high-level Representatives of Mexico and negotiations led by Secretary of State Marco Rubio, Secretary of Treasury Scott Bessent, and Secretary of Commerce Howard Lutnick.”. As we try to reach a “deal” between our two nations, Trump wrote, “I look forward to participating in those negotiations, with President Sheinbaum.”.
‘The 10,000 Mexican National Guard soldiers sent to the U.S. border will be tasked with stopping the trafficking of drugs from Mexico, especially fentanyl, a deadly opioid. The Mexican troops will try to halt the flow “of migrants into our Country,” Trump added in his Truth Social post.
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