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Bitcoin Tops $101,000 Amid Fed Pause and Tariff Relief

By: defi news|2025/05/08 17:30:19

The cryptocurrency market soared on Thursday, fueled by improved investor sentiment following the Federal Reserve’s decision to keep interest rates unchanged and the announcement of U.S. tariff concessions.At the time of writing, Bitcoin (BTC) is up 5% over the past 24 hours, breaking above $101,700 for the first time since January. Meanwhile, Ethereum (ETH) has jumped 14% to $2,071, and XRP has surged 7% to $2.27. Solana (SOL) also posted significant gains, rising 10% to $161.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Sei Proposes Dropping Cosmos Support to Go All-In on Ethereum

Cryptocurrency Climbs as Bitcoin and Ethereum Gain Ground