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Crypto Makes Gains as US Treasury Secretary Hints at Early Tariff Deals

  • Bitcoin and Ethereum have seen gains in the crypto market, with Bitcoin rallying nearly 4% to trade at US$109,086 and Ethereum maintaining above US$2.5k.
  • Other major cryptocurrencies like Solana and XRP posted gains, while Toncoin retraced following false UAE visa reports.
  • US Treasury Secretary's remarks on tariff deals ahead of the 9 July deadline have boosted market sentiment.
  • Trump's One Big Beautiful Bill Act, despite not having explicit crypto provisions, is perceived as positive for the sector, potentially strengthening Bitcoin's inflation hedge narrative.

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