India, April 1 -- Cryptocurrencies are trading on a firm note amidst market spotlight turning on President Trump's announcement of tariffs and other measures that seek to rebalance trade in favor of the U.S. Concerns about the impact of the tariffs on economic growth and inflation also lingered.
Overall crypto market capitalization has gained 1.2 percent overnight to $2.71 trillion. Cryptocurrencies associated with AI & Big Data rallied 2.6 percent. Market capitalization of the cryptocurrencies identified for U.S. Strategic Crypto Reserve also gained 1.1 percent overnight. The Made in America cryptocurrencies recorded an overnight addition of 1.6 percent in market capitalization. Meme category cryptos however witnessed a 3.2 percent declin...