The U.S. stock market rose, and virtual assets are also on an upward trend.
As of 7:50 a.m. on the 25th, Bitcoin is recorded at $87,436, up 2.48% from the previous day, according to global virtual asset market site CoinMarketCap. Bitcoin had been traded around the $88,000 mark a few hours ago but has slightly decreased. This is the first time Bitcoin has surpassed $88,000 again since March 7.
Ethereum, the second-largest by market capitalization, is trading at $2,087, up 4.61%. Ripple, the fourth-largest, is recorded at $2.44, up 1.42%. Solana, which has recently shown a rally, is up 6.82% at $140.2, while leading meme coin Dogecoin is trading at $0.183, up 7.29%.
The major U.S. stock indices all closed higher the previous day. On this day, optimism spread in the market that U.S. President Donald Trump may not implement some broad tariff policies. The prospect of avoiding an economic downturn due to the trade war spurred investments.