The broader cryptocurrency market has surged following an announcement from US President Donald Trump about a major trade deal expected to be announced soon.
Bitcoin (BTC) price is approaching the $100,000 resistance level, while other cryptocurrencies like Ethereum (ETH) and XRP have also experienced gains.
Ethereum (ETH) has increased by 3.6% after undergoing a major update called Pectra, incorporating 11 Ethereum Improvement Proposals (EIP).
XRP and various altcoins including SOL, DOGE, ADA, AVAX, LINK, TONCOIN, HBAR are showing gains ranging from 2% to 5%. Trump hinted at a significant trade deal to be announced tomorrow without providing specific details.