Bitcoin rose to around $93,400, up 2.2% in 24 hours, following optimistic comments from U.S. President Donald Trump regarding trade tariffs with China, which he indicated would be reduced but not eliminated. U.S. Treasury Secretary Scott Bessent's statements suggested there might be delays in negotiations, contradicting earlier indications that a deal could be imminent. Ethereum and Solana also experienced gains, with Ethereum rising over 5% and Solana by 4%. Investors responded positively to comments from Trump, signaling that there might be a resolution ahead, which alleviated some of the tariff-related uncertainty that had affected the market. The S&P 500 index also surged, reflecting broader market optimism. Notably, Bitcoin exchange-traded funds saw significant inflows, totaling $913 million, indicating renewed institutional interest amidst evolving trade scenarios.

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