Why is the crypto market up today?

The crypto market is up today, reflecting investors’ optimism for the de-escalation of the US-China tariff standoff and TOTAL’s strong technical setup.

Key catalysts driving the crypto market up today include:

Optimism over easing US-China trade-war tensions.

A “short squeeze” in the derivatives market, with over $540 million in short liquidations in the past 24 hours.

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