US stocks and crypto inch higher after Trump cancels Greenland-related tariffs set for Feb. 1

US equities and major cryptocurrencies posted modest gains on Wednesday after Donald Trump announced he would not proceed with Greenland-linked tariffs scheduled for Feb. 1. The S&P 500 rose 1.16%, while Bitcoin, Ether and Solana all edged higher, although crypto-related stocks and mining firms showed a mixed performance.