Why is the crypto market up today?

The crypto market is up today, mirroring stock market gains fueled by Trump’s delay of Mexico and Canada auto-industry tariffs.

The cryptocurrency market rebounded after a sell-off that drove its overall valuation to the lowest since November 2024.

As of March 6, the global crypto market capitalization had reached $3.10 trillion, rising 5% over the last 24 hours. Top coins, Bitcoin (BTC) and Ether (ETH) led the intraday rally with 5.6% daily gains each.

Crypto market performance Jan. 30. Source: Coin360

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