The general cryptocurrency market rose 3.1% within the final 24 hours, climbing again above $2.3 trillion.
President Donald Trump delivers his State of the Union deal with to a joint session of Congress within the chambers of the U.S. Home of Representatives in Washington, DC on February 24, 2026. (Photograph by Nathan Posner/Anadolu by way of Getty Photos)
- Ethereum and Solana led positive aspects amongst main cryptocurrencies throughout a broader market rebound out there on Tuesday evening.
- Retail merchants on Stocktwits expressed their disappointment over the shortage of Bitcoin or cryptocurrency being talked about within the State of Union.
- Bitcoin’s value traded at round $65,200 on Tuesday evening, paring positive aspects after crossing $66,000 earlier within the day.
Ethereum (ETH) outperformed Bitcoin (BTC) because the cryptocurrency market recovered on Tuesday evening and BTC’s value held above $65,000 at the same time as President Donald Trump made no point out of any digital asset through the longest State of the Union deal with in historical past.
In accordance to a Politico report, Trump broke his personal report from final 12 months of 1 hour 40 minutes. The President talked about healthcare, protection, insider buying and selling and even that the Area Drive was his “baby” however disregarded any point out of cryptocurrencies.
Some retail buyers on Stocktwits expressed disappointment over the shortage of both Bitcoin or crypto being talked about in Trump’s State of Union speech, which they’d hoped would supply the market with a a lot wanted catalyst.
Bitcoin’s price rose 4% within the final 24 hours to round $65,200, paring positive aspects after crossing $66,000 earlier within the session. BTC stays almost 50% beneath its report excessive of over $126,000 seen in October and hasn’t been capable of climb again above $70,000 for over two weeks. On Stocktwits, retail sentiment round Bitcoin improved to ‘impartial’ from ‘bearish’ territory over the previous day.
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Ethereum, Solana Outperform Main Tokens
The larger winners amongst crypto majors – the highest 10 tokens as per their market worth – had been Solana (SOL) and Ethereum. Solana’s price gained greater than 7% within the final 24 hours, rising to round $82.20. In the meantime, Ethereum’s price rose 4.3% within the final 24 hours, nonetheless buying and selling beneath the $2,000 mark at round $1,907. Retail sentiment on Stocktwits round each altcoins remained within the ‘bearish’ zone over the previous day.
Cardano (ADA) and Ripple’s XRP (XRP) noticed positive aspects of over 3% every within the final 24 hours. Dogecoin (DOGE) and Tron (TRX) rose greater than 1.5% apiece, whereas Binance Coin (BNB) edged solely 0.6% larger.
$216 Million In Quick Bets Wiped Out
The general cryptocurrency market rose 3.1% over the previous day, climbing again above $2.3 trillion. The volatility, nonetheless, led to $344 million in leveraged bets being liquidated. CoinGlass knowledge showed over $216 million briefly positions and almost $128 million in lengthy positions had been worn out.
The uptick got here alongside a restoration in software program shares and crypto miners’ shares. The iShares Software program Sector ETF (IGV) closed the day 2% larger. On Stocktwits, retail sentiment across the fund moved to ‘bullish’ from ‘extraordinarily bullish’ over the previous day however chatter remained at ‘extraordinarily excessive’ ranges.
Learn additionally: Michael Saylor Compares Bitcoin’s Slump To Apple, Amazon ‘Wilderness’ Years Amid MSTR’s $9B Paper Losses
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