10-4-2025 – The digital currency landscape witnessed a substantial upswing, sparked by the American president’s sweeping tax reform announcements. The ripple effects of Donald Trump’s policy shift, which introduced tax suspensions and rate adjustments across multiple nations, have reverberated throughout the cryptocurrency sphere.
Artificial intelligence tokens emerged as the standout performers, with the sector recording an impressive 15.82% surge. Fetch.ai, Render, and Bittensor distinguished themselves by each achieving gains beyond the 15% threshold, solidifying the AI sector’s dominance in this rally.
The broader digital assets market demonstrated robust health, with Ethereum reclaiming its position above the $1,600 mark through a 13.77% appreciation. Bitcoin, the market’s flagship cryptocurrency, exhibited strong momentum with a 7.94% increase, momentarily breaching the $83,000 barrier.
The bullish sentiment extended across various cryptocurrency segments, with decentralised finance (DeFi), Layer1 protocols, and even meme-based tokens sharing in the prosperity. Notable mentions include ONDO, whilst established players such as Dogecoin (DOGE), Solana (SOL), and Cardano (ADA) similarly posted significant gains.
Market analysts attribute this comprehensive strengthening to the reverberations of the American tax policy amendments, which appear to have bolstered investor confidence across the digital asset spectrum. The 24-hour period saw gains ranging from 4% to 15%, according to data compiled by SoSoValue
