Bitcoin jumps 5.75% as US trade tensions ease and Ukraine reaches ceasefire deal

The price of Bitcoin rebounded to 83,568 USD after dipping below 80,000 USD. This movement coincided with Canada’s suspension of electricity tariffs and Ukraine’s 30-day ceasefire agreement with Russia.

The cryptocurrency market capital rose to 2.7 trillion USD, reflecting a 5.5% increase. Investor sentiment improved as concerns over tariff policies eased.

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