Crypto markets started Tuesday deeply in the red after U.S. President Trump’s trade tariffs against Canada, Mexico, and China went into effect at midnight. However, digital assets staged a rebound later in the day, buoyed by bullish price action across global stock markets, especially the tech-heavy Nasdaq, which is up 0.7% on the day after plunging as much as 2% shortly after the open. Bitcoin rebounded above $88,000 after trading as low as $81,400. Ether briefly traded under $2,000 for the first time since November 2023. XRP gained 3%, while SOL is down 2% in the past 24 hours. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io