Cryptocurrency Market Surges Following U.S. Tax Policy Changes

According to PANews, recent data from SoSoValue indicates a significant rise in the cryptocurrency market, with gains ranging from 4% to 15% over the past 24 hours. This surge follows U.S. President Donald Trump's announcement of tax suspensions and rate reductions affecting multiple countries. The AI sector led the market with an impressive 15.82% increase, with notable gains from Fetch.ai, Render, and Bittensor, each exceeding 15%. Ethereum (ETH) saw a rise of 13.77%, climbing back above $1,600, while Bitcoin (BTC) increased by 7.94%, briefly surpassing $83,000. Other sectors such as DeFi, Meme, and Layer1 also experienced growth, with ONDO, DOGE, SOL, and ADA among the top performers. This widespread market strengthening reflects the impact of the recent U.S. tax policy changes.