Crypto Market Rallies on Trump Cancelling Strikes Against Houthis
The cryptocurrency market rallied on Monday after reports emerged that US President Donald Trump has canceled plans to launch attacks against Yemen's Houthis.
This news brought relief from immediate worries regarding another US military move in the Middle East, and subsequently, Houthi officials revealed that Washington had contacted the group after its advance toward the Bab el-Mandeb Strait.
As a result, Bitcoin, Ethereum, and XRP continued to rise, with no specific figures or percentages mentioned in the source.