Financial markets experienced a wave of optimism during early Monday trading in Asian markets, based on reports suggesting that the next round of tariffs set to be imposed by U.S. President Donald Trump on April 2 may be less severe than initially expected.
Bitcoin, the largest digital asset by market capitalization, was trading at $86,500, up 2.7% over 24 hours, while Solana surged nearly 6% to $138.
Meanwhile, XRP, the payments-focused cryptocurrency, gained 2.5% to reach $2.44, surpassing its 50-day simple moving average after two consecutive weeks of gains.
In futures markets, contracts tied to the S&P 500, Dow Jones, and Nasdaq climbed more than 0.5% on the day, while the VIX volatility index—often referred to as Wall Street’s "fear gauge"—fell 2.5% to 18.88 points. In China, markets recovered from their early losses
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