{"id":8773,"date":"2025-02-04T13:44:18","date_gmt":"2025-02-04T13:44:18","guid":{"rendered":"https:\/\/icobench.com\/?p=8773"},"modified":"2025-02-04T13:44:18","modified_gmt":"2025-02-04T13:44:18","slug":"crypto-market-bounces-back-should-you-buy-these-crypto-presales-now","status":"publish","type":"post","link":"https:\/\/icobench.com\/news\/crypto-market-bounces-back-should-you-buy-these-crypto-presales-now","title":{"rendered":"Crypto Market Bounces Back: Should You Buy These Crypto Presales Now?"},"content":{"rendered":"

The crypto market rebounded sharply after US President Donald Trump paused proposed tariffs on Canada and Mexico. But the trade battle with China is intensifying.<\/p>\n

BTC, ETH, and Altcoins Rebound<\/span><\/h2>\n

Following a brief crash caused by political positions assumed in the US, the crypto market is back to green. The total cryptocurrency trading volume is up 1.4% over the last 24 hours to $3.33 trillion.<\/p>\n

Bitcoin (BTC) <\/strong>increased by nearly 4%, currently trading at $98,723. For a while, on 3-4 February, it once again surpassed the $100,000 mark before falling back below it.<\/p>\n

Ethereum (ETH)<\/strong> rose just below 7%, changing hands at $2,716.<\/p>\n

BTC 24h price chart:<\/strong><\/p>\n

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Source: CoinGecko<\/figcaption><\/figure>\n

Additionally, while there were barely any green coins yesterday, the majority of the top 100 coins per market cap have seen their prices rise today.<\/p>\n

All top 10 coins appreciated in this time frame as well, led by XRP\u2019s<\/strong> 7% rise to the price of $2.53.<\/p>\n

Meanwhile, the Crypto Fear & Greed Index has moved from Fear recorded yesterday to Greed seen today.<\/p>\n

This index measures market sentiment. Its current score is 72 out of 100.<\/p>\n

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Source: alternative.me<\/figcaption><\/figure>\n

Trade War Reversed\u2026Almost<\/span><\/h2>\n

As previously reported<\/a>, Donald Trump announced his decision last Friday to slap trade tariffs on Canada, Mexico, and China. This led to international turmoil and a plunge in the crypto market.<\/p>\n

But Trump quickly reversed his stance when it comes to Canada and Mexico, continuing the negotiations between these countries.<\/p>\n

On 3 February, Canadian Prime Minister Justin Trudeau said<\/a>\u00a0that the two nations agreed the US would pause the 25% tariffs \u201cfor at least 30 days while we for together.\u201d<\/p>\n

In exchange, Canada promised to implement a $1.3 billion border plan that includes fighting organized crime, money laundering, and the flow of fentanyl and adding 10,000 more people to the Canada-US border.<\/p>\n

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I just had a good call with President Trump. Canada is implementing our $1.3 billion border plan \u2014 reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners, and increased resources to stop the flow of fentanyl.\u00a0Nearly\u2026<\/p>\n

\u2014 Justin Trudeau (@JustinTrudeau) February 3, 2025<\/a><\/p><\/blockquote>\n