ETH’s price appreciation has also been supported by the growing number of public “crypto treasury companies,” or firms that buy and hold tokens directly or through dedicated vehicles.
FxPro chief market analyst Alex Kuptsikevich said the rebound aligns with “growing appetite in the stock markets,” but warned that BTC is “trapped in a narrow range.”
Taiwan Semiconductor Company (TSMC) and Samsung, the largest BTC Mining ASIC manufacturers, have exemptions from the tariffs because of their U.S. operations.
NEAR Protocol surged 5% in a 24-hour rally before late-session volatility erased gains, as institutional flows met resistance amid shifting macroeconomic conditions.
The token experienced a sharp rally earlier in the day, reaching a local high of $778, but a rapid sell-off followed, trimming gains made during the advance.