Bitcoin soars to highs above $122,000. Others also rise

Cryptocurrencies surge sharply today, boosted by US President Donald Trump's announcement on trade tariffs on the EU.

The former president's words have rekindled uncertainty in global markets, but the crypto sector has reacted with a mighty surge forward. Bitcoin, the market thermometer, rose 3.63% in the last 24 hours, surpassing $122,000 and touching weekly highs.

Ethereum also did well, gaining a solid +2.39% and moving back above the $3,030 mark, while Xrp accelerated with a 4.15% rise, showing above average market responsiveness. Among the day's other protagonists, Solana posted +2.83%, while Dogecoin gained 3.26%.

Also up were Cardano, which rose 1.88%, and Bnb, which advanced 1.13%.