Cryptos Were Left Out of President Trump's Speech. Why Bitcoin Is Rising Anyway. -- Barrons.com

Dow Jones
02/25

By Alex Kozul-Wright

The price of Bitcoin rose early Wednesday, despite being left out of President Donald Trump's State of the Union address.

Bitcoin rose by 2.6% to $65,050 over the past 24 hours, according to CoinDesk data. Other major cryptocurrencies also got a boost.

Ethereum, the world's second biggest cryptocurrency, increased by 3.3%, while popular alt-coin XRP edged up 2.4%

Crypto-related stocks also benefited from the updraught. Strategy -- the largest corporate holder of Bitcoin -- was up by 0.2%.

Bitcoin's price surge came slightly ahead of President Donald Trump's State of the Union address, at 21:00 Eastern time.

But Trump -- widely viewed as a pro-crypto President -- didn't mention digital assets according to a transcript of his address. After his speech, Bitcoin shook off some of its earlier price gains.

Digital asset prices have exhibited pronounced volatility since Trump returned to the White House last year.

"We're never more than one tweet away [from steep price changes]," Dmitry Tokarev, founder of security platform Bron, told Barron's on Tuesday in an interview.

Bitcoin "is still a risk asset," he said, adding that: " It's tough predicting what the Trump administration is going to do... and what risk assets are doing in relation to that."

In the near term, volatility is likely to remain a defining characteristic of digital asset markets.

Write to Alex Kozul-Wright at alexander.kozul-wright@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

February 25, 2026 04:04 ET (09:04 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10