Ethereum Leads Recovery After Trump Halts Tariffs
The crypto market is rallying hard after U.S. President Donald Trump announced a 90-day pause on the escalating trade war with many countries worldwide. The decision came as a relief to global markets, and crypto assets were no exception.
While Bitcoin and other major altcoins bounced back, Ethereum (ETH) stood out as a top performer among the top 10 cryptocurrencies—especially after a week of steep losses.
Top cryptos by market cap – coinmarketcap
ETH Price Analysis After Crypto Market UP
At the time of writing, Ethereum is trading around $1,660, up a whopping 12.70% in the past 24 hours. Here are the key numbers:
- 1h: +1.5%
- 24h: +12.70%
- 7d: -11.32%
- Market Cap: $201 billion
- 24h Trading Volume: $38 billion
After being heavily oversold in the past week, Ethereum is clearly regaining investor confidence.
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Why Ethereum Is Gaining Momentum
Several factors are behind Ethereum’s latest rally:
- Global Trade Relief: The halt of Trump’s aggressive tariff campaign calmed global financial markets, reigniting risk appetite. Crypto, being a high-beta asset, benefitted massively.
- SEC Approves ETH ETF Options: The U.S. Securities and Exchange Commission recently approved options trading on spot Ethereum ETFs, opening the door for new institutional strategies and increasing ETH’s legitimacy in traditional finance circles.
- Oversold Bounce: ETH had dropped over 11% in the past week. The sudden relief sparked short-covering and aggressive dip-buying.
- Institutional Rotation: With uncertainty fading in traditional markets, institutional capital appears to be rotating back into major altcoins like Ethereum
Ethereum Price Prediction: $2,000 in Sight?
Market analysts now believe that if macro conditions remain stable, Ethereum could reclaim the $2,000 price mark within the next 90 days—the exact time window Trump announced for his tariff pause. This forecast hinges on continued market optimism and no sudden geopolitical surprises.
ETH still has ground to cover, but with rising trading volumes and renewed investor interest, the current momentum could carry it much higher.
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ETH/USD 2-hours chart – TradingView
Conclusion: ETH is Back in Play
Ethereum’s sharp recovery proves that even in a shaky macro environment, strong narratives and swift policy changes can reignite crypto rallies. If the current trend holds, Ethereum might not just recover—it could thrive in the coming months.
Bottom line: The 90-day countdown is on. Will Ethereum hit $2,000 before it ends?
