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Bitcoin Rises as Markets Price State of the Union Trump Address

Bitcoin Rises as Markets Price State of the Union Trump Address

Bitcoin (BTC) surged greater than $2,000 to reclaim the $66,000 degree Tuesday night, pushed by risk-on positioning forward of the State of the Union tackle by President Donald Trump.

While the asset has since retraced barely to commerce close to $65,500, in accordance with CoinGecko, the transfer indicators a possible localized backside as merchants digest the administration’s financial messaging amidst a broader fairness rally.

Key Takeaways

  • The Catalyst: Trump’s claims of “plummeting inflation” and financial turnaround fueled a 3.5% aid rally throughout threat property.
  • The Level: Bitcoin rejected instant resistance at $66,000 however held help above $64,500, creating a good consolidation vary.
  • The Setup: Traders are eyeing Nvidia earnings Wednesday as the crucial quantity set off to verify or invalidate the bounce.

Trump Address Fuels Risk-On Rotation into Bitcoin

The instant catalyst for the value motion was the State of the Union tackle, the place President Trump framed his first 12 months again in workplace as an financial “turnaround for the ages.”

By highlighting falling mortgage charges and a 1.7% decline in core inflation over the final three months of 2025, the tackle offered a macro tailwind for threat property that had been battered by regulatory uncertainty.

Markets reacted favorably to the pledge that the U.S. economic system would “by no means return” to earlier insurance policies, spurring a aid bounce that noticed Bitcoin climb from roughly $64,000 to peak at $66,000 simply earlier than the 9 pm ET speech.

This response starkly contrasts with earlier volatility, the place Bitcoin price fell below $65k on Trump tariff risk-off fears, highlighting the market’s excessive sensitivity to fiscal signaling.

Post-Trump Address: Can Bitcoin Bulls Defend $64,500?

Bitcoin’s rejection at $66,000 has left value motion in a precarious consolidation zone. The asset is at present buying and selling up about 3.7% on the day, however the lack of ability to shut a 4-hour candle above $66,500 suggests buy-side exhaustion remains to be current.

Bitcoin Rises as Markets Price State of the Union Trump Address
Source: TradingView

Support is forming firmly at $64,500. If that slips, it provides weight to claims by Polymarket and CryptoQuant that $55,000 could also be the subsequent native backside.

Recent information reveals that $370M in liquidations were required to defend the $60k level earlier this week, indicating that deep help exists decrease down, however bulls can’t afford one other assessments of these lows if the restoration narrative is to carry.

Three metrics are at present flashing capitulation-level readings, with Bitcoin nonetheless down almost 50% from its October 2025 ATH. While short-term engagement has elevated, the lack of follow-through quantity at $66,000 stays a priority for technical merchants in search of a pattern reversal.

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Risk Sentiment and Nvidia Correlation

The broader market context suggests Bitcoin is as soon as once more buying and selling in high correlation with equities. Asian shares rallied in a single day, and markets are optimistic forward of Nvidia’s earnings report due Wednesday.

This tech-led optimism has spilled over into crypto, particularly benefiting altcoins a bit of greater than Bitcoin, like Solana, which is up 8% in the final 24 hours, and Chainlink, which rose 5% in the identical interval.

However, institutional flows inform a extra cautious story. Recent ETF outflows signal institutional caution, with sensible cash hesitating to deploy capital aggressively till a transparent break above structural resistance happens.

If Nvidia earnings disappoint, the risk-off rotation might drag Bitcoin again towards the $63,000 vary regardless of Trump’s fiscal guarantees.

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What Happens Next?

Traders should watch two particular ranges in the subsequent 24 hours. For the bullish rebound to maintain, Bitcoin must reclaim $67,500 to verify a break from the native downtrend. An in depth above this degree opens the path to $70,000.

Conversely, a breakdown beneath $64,000 invalidates the post-speech bounce. Market sentiment stays fragile; at present, Polymarket odds show traders pricing in a potential drop to $55k if macro headwinds persist. Until $67,500 is reclaimed, the pattern favors the bears.

The put up Bitcoin Rises as Markets Price State of the Union Trump Address appeared first on Cryptonews.

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