Bitcoin and Ethereum Surge 3% as Trump’s State of the Union Ignites Crypto Bull Rally
Bitcoin and Ethereum as Trump’s Ignites Crypto Bull Rally
In a swift turnaround, Bitcoin and Ethereum each jumped 3% in just one day, fueled by fresh optimism from President Trump’s
The total crypto market cap climbed back to $2.25 trillion, a sign that investors are feeling more confident. Bitcoin now hovers around $68,000, proving its strength even amid global trade talks and tariffs. Ethereum followed suit, gaining ground as traders bet on better days ahead.
From Weekly Dips to Daily Gains: What Changed?
Last week was rough for crypto. Bitcoin fell 4%, Ethereum dropped 5%, and many altcoins like XRP, BNB, Solana, Dogecoin, Cardano, and Hyperliquid sank over 8%. Only Tron bucked the trend with a 1.5% gain.
But Wednesday flipped the script. Trump’s speech highlighted economic growth, deregulation hints, and a pro-business vibe that crypto fans love. He did not dive deep into digital assets, but his tone on innovation and America-first policies sparked hopes for lighter rules on Bitcoin mining and blockchain tech.
- Bitcoin: Up 3% to ~$68,000, bouncing from a $62,000 low.
- Ethereum: Matching gains, eyes on $3,000 breakout.
- Market Cap: $2.25 trillion, up from recent $2 trillion tumble.
This
Why Trump’s Speech Lifted Crypto Sentiment
Trump’s
Key takeaways for crypto:
- Policy Continuity: No big regulatory shocks, easing fears of harsh rules.
- Economic Boost: Strong U.S. growth could mean more institutional money into Bitcoin.
- Global Edge: Trump’s trade stance might push nations to adopt crypto faster.
Whales – big holders – are buying dips again. On-chain data shows large wallets scooping Bitcoin near $62,000, betting on a push to $70,000 or higher.
Altcoins Join the Party, But With Caution
Not just the big two. Solana and others clawed back losses, though still down weekly. Dogecoin perked up on meme hype, while XRP eyes legal wins.
| Coin | Weekly Change | Daily Jump |
|---|---|---|
| Bitcoin | -4% | +3% |
| Ethereum | -5% | +3% |
| XRP | -8%+ | +2% |
| Solana | -8%+ | +2.5% |
Tron’s gain stands out, linked to stablecoin use in emerging markets.
Bitcoin’s Resilience Amid Tariffs and Volatility
Despite U.S. tariff news, Bitcoin held $68,000. It beat Wall Street dips and rebounded from 16-month lows near $60,000. Liquidations hit hard last week, wiping billions, but now bulls control.
Experts say: “Crypto decouples from stocks during political wins.” Trump’s win post-election already boosted prices; this speech adds fuel.
What’s Next for Crypto Prices?
Short-term: Consolidation near $70,000 for Bitcoin if no bad news. Ethereum could test highs with ETF inflows.
Risks: Tariffs spark inflation fears, or Fed delays cuts. But pro-crypto signals from D.C. – like strategic reserves – could send prices soaring.
- Bull Case: $75,000 Bitcoin by month-end.
- Bear Case: Drop to $65,000 on macro woes.
India watches too, with tax officials eyeing trading compliance amid global shifts.
Investor Tips in This Volatile Market
1. Dollar-Cost Average: Buy dips steadily.
2. Watch On-Chain Metrics: Whale buys signal uptrends.
3. Diversify: Mix BTC, ETH, and select altcoins.
4. Stay Informed: Follow U.S. policy news closely.
The
Final Thoughts
Crypto remains dynamic. Prices swing fast, but resilience shines. As Trump pushes growth, Bitcoin and Ethereum lead the charge. Stay tuned for more updates on this bull rally.
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