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The cryptocurrency market witnessed a surge over the last few days. Bitcoin (BTC) briefly breached the $94,000 mark. The asset has since dipped to the $92,000 level. The global crypto market cap has fallen 3.7% in the last 24 hours to $2.98 trillion. VeChain (VET) also experienced a price surge amid BTC’s rise to $94k. VET’s price has dipped 3.6% in the daily charts, 3.5% over the previous month, and 40.7% since April 2024. The asset has rallied 10.7% over the last week and 15.1% in the 14-day charts. Also Read: Jio Financial Shares Expected To Reach 300 For Sure: Analyst Source: CoinGecko Cryptocurrencies Surge Amid Trump’s Memecoin Dinner Source: Salon.com VET’s rally could be due to several bullish developments. The rally is most likely due to BTC breaching the $94,000 mark. BTC’s surge could be due to BlackRock purchasing more than $800 million worth of the asset over three days. President Trump plans to host a dinner for the top holders of his Official...

The cryptocurrency market is showing signs of a healthy recovery. Bitcoin (BTC) is inching closer to the $86,000 mark after its recent descent to sub-$75,000 levels. The global crypto market cap has risen to $2.8 trillion. VeChain (VET) is currently the second-best-performing cryptocurrency among the top 100 projects by market cap in the daily charts. VET’s price has rallied by 6% in the daily charts, 19.8% in the weekly charts, and 5.65 in the 14-day charts. Despite the rally, VET is still down by 4% over the previous month and 47.3% since April 2024. Also Read: Solana (SOL) Rallies 18%, Reclaims $130: Is $150 In The Horizon? Source: CoinGecko Crypto Markets Surge Amid Bullish Developments Source: Watcher Guru VeChain’s (VET) rally comes after President Trump announced a 90-day pause on tariffs, except for those on China. The move has likely led to a spike in investor confidence. Other bullish developments may have also propelled VET’s price. The US Senate recently ap...