Cryptocurrency markets surged following Donald Trump's State of the Union address, with altcoins leading the charge. Bitcoin rebounded to near $66,200, while Polkadot and Uniswap saw gains of 23% and 19%, respectively. Avalanche, Chainlink, and NEAR also posted significant increases, reflecting a broad-based market rally.
The rally comes amid heightened political and market signals, with social sentiment data from Santiment indicating a four-week high in bullish crypto sentiment. Investors are rotating into altcoins as volatility rises, and the market's focus shifts to Nvidia's earnings report, which could influence broader risk appetite. Despite Trump's pro-crypto stance, digital assets were not mentioned in his address, leaving traders to speculate on future market movements.
Crypto Markets Rally as Trump’s Address Boosts Investor Sentiment
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