India, Feb. 4 -- Cryptocurrencies staged an emphatic rebound even as the turbulence created by tariffs and counter tariffs threatened to drain the euphoria that had gripped crypto world ever since a crypto friendly Trump regime was assured with a victory at the hustings.
Cryptocurrencies rallied and Bitcoin touched a high of $102,514 in tandem with the whipsawing trend in global financial markets. Expectations that trade tariff related troubles could soon be resolved also supported sentiment. Concerns about tariffs by U.S. on Mexico, China and Canada had rattled world markets on Monday.
Overall crypto market capitalization jumped 6.3 percent overnight to $3.3 trillion. Bullish momentum reverberated across the crypto spectrum, with memes r...