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Bitcoin surged to nearly $106,000 following the US and China’s decision to lower tariffs, sparking a rally in altcoins like Pi Network and meme coins. The improved macroeconomic landscape has fueled optimism across the crypto market.
- Pi Network's token surged over 60%, trading above $1.5, while meme coin WIF jumped 45%.
- The US and China agreed to lower tariffs for 90 days, easing trade tensions and boosting crypto markets.
- Bitcoin's market cap hit $2.075 trillion, but its dominance over altcoins fell to 59.5% as alts rallied.
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