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11 Apr 2025

Cryptocurrency prices rise as Bitcoin surges by more than 3%

Cryptocurrency prices rose on Friday after a negative performance the previous day, as investors took profits from the temporary improvement in high-risk assets.

Bitcoin surged by 3.44% to $82,255.35 at 12:40 PM Mecca time, while Ethereum rose 3.11% to $1,564.57.

Ripple increased by 1.54% to $2.0164, Solana jumped 6.21% to $118.12, and Dogecoin climbed 2.20% to $0.1584.

Although "Trump Coin" gained 0.67% to $8.05, it is still down by around 15% over the past seven days.

Bitcoin had fallen more than 3% in the previous session, touching $79,614.34, due to profit-taking after a financial market improvement on Wednesday, following Trump's decision to suspend high tariffs on several countries for three months.

However, most global markets turned lower in subsequent sessions after Washington excluded Beijing from the suspension decision and even increased tariffs on Chinese goods to 145%.

Despite China’s response today by raising tariffs on U.S. imports to 125% starting April 12, cryptocurrencies maintained their positive performance

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