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Iron ore price surge momentum actually reached $103 per ton on July 29, 2025, and it climbed more than 2% as news emerged of a potential 90-day US-China trade truce extension. This iron ore price surge comes after a sharp 4% decline over the previous two sessions, and markets are finding some relief right now amid growing steel demand outlook and China economic recovery hopes that are also fueling an industrial metals rally. Iron ore rebounded as news of a possible extension to the US-China trade truce eased some concerns about the impacts of tariffs on the global economy https://t.co/HffBVC38Mq — Bloomberg (@business) July 29, 2025 Iron Ore Price Surge Sparks Optimism Amid Trade Truce and Steel Demand Source: Eurometal The latest iron ore price surge was actually triggered by comments from US Commerce Secretary Howard Lutnick, who indicated that negotiations between the world’s two largest economies are underway right now. Markets have responded positively to news that a 90-day e...

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VeChain is having trouble breaking above $0.030. The price of the asset decreased by 5.3% over 14 days and 19.7% since May 2024. Even with the bearish market performance, VET has gone up 0.7% in one day, 1.6% in a week, and 6.4% during the last month. Source: CoinGecko Also Read: VeChain On The Verge Of Overtaking Trump Coin: Here’s When Crypto Market Rally Fades Source: Watcher Guru The crypto market experienced a surge over the last few weeks after a spike in institutional investments. Bitcoin (BTC) climbed to a new all-time high of $111,814 on May 22. The original crypto has since fallen by 1.8%. BTC’s rally triggered a market-wide upswing. VET and other assets followed BTC’s upward trajectory. The rally has since cooled off. Also Read: Cryptocurrency: 3 Coins That Are Capable Of Becoming The Next Bitcoin VeChain (VET) has struggled to gain momentum despite the recent market roar. The asset climbed to $0.077 in December of last year. Since December, VET’s price has ...

The market destruction caused by Donald Trump’s recent economic measures was temporarily lessened when various X accounts and news networks jumped on an apparently fake headline about a 90-day pause in tariffs. Various headlines claimed that National Economic Council Advisor Kevin Hassett said Trump was considering a 90-day pause in tariffs — except for on China. However, the information wasn’t true, and the White House eventually described the claim to CNBC as “ fake news .” Where did the story come from? “Walter Bloomberg,” the pseudonymous X user who uses the handle @DeItaone, was one of the major accounts who posted this claim, stating it was originally sourced from Reuters. Strangely, Reuters public reporting seems to reference a CNBC chyron.  Some who were watching CNBC, however, claim that the hosts were confused by the apparent news, and it didn’t seem to come from its reporting. CNBC was able to reach...

Ripple’s XRP token has breached the $2 mark for the first time since January 2018. The asset is currently one of the best-performing cryptocurrencies among the top 100 projects. XRP’s price is up 29.4% in the daily charts, 76.9% in the weekly charts, 118.9% in the 14-day charts, and 375.2% over the previous month. The asset has also rallied by 299.6% since December 2023. Also Read: Cardano Breaks Through $1.05: What’s Next for ADA? Source: CoinGecko Why Is XRP Rallying? XRP began its ascent after Donald Trump won the US Presidential election. Market participants are likely betting on Trump’s pro-crypto stance. Many anticipate lenient crypto regulations under Trump’s leadership. Source – Coinpedia Also Read: BRICS: 2 Countries Pay 80% of Trade in Local Currencies, Not US Dollar XRP’s price also struggled over the last few years due to the SEC vs. Ripple lawsuit. The fintech company settled the case earlier this year with a $125 million fine. The settle...