- Crypto surged after Donald Trump’s speech, with altcoins leading as traders reacted quickly to shifting political and market signals.
- Social data from Santiment shows bullish crypto sentiment hit a four-week high as Bitcoin rebounded near $66,200.
- Investors are rotating into altcoins as volatility rises, while earnings from Nvidia now shape broader risk appetite.
Crypto prices jumped sharply after former U.S. President Donald Trump delivered his State of the Union address, marking the strongest one-day gains this year.
As per Santiment, smaller cryptocurrencies led the rally, with Polkadot surging 23% and Uniswap climbing 19%. Avalanche followed closely with a 17% jump. Meanwhile, Chainlink and NEAR each rose about 15%, while Litecoin added 14%, showing broad-based excitement across the market.
This sudden rally underscores how political events can trigger immediate investor reactions. According to Caroline Mauron, co-founder of Orbit Markets, “The move higher likely reflects some dip-buying behavior after the extended selloff,” adding that Bitcoin reaching $70,000 could reshape the overall narrative.
The modest relief rally coincided with equities rising after Trump defended his economic record. Market participants noted that a Supreme Court decision had recently blocked his use of emergency powers to impose so-called reciprocal tariffs.
Earlier, he cited a different authority to announce 15% global tariffs, which had pressured crypto prices. Despite being viewed as pro-crypto during his White House return, Trump did not mention digital assets in the address.
Consequently, traders now focus on Nvidia’s earnings report, which could sway investor sentiment in the AI-fueled tech sector and ripple through crypto markets.
Social Sentiment Points to Retail Optimism
Santiment highlighted a glimmer of hope for Bitcoin earlier, which rebounded to $66,200 following Trump’s address. Social data across X, Reddit, and Telegram shows the highest bullish-to-bearish commentary ratio in four weeks.
Daniel Reis-Faria, CEO of ZeroStack, noted, “Bitcoin trades inside a broader market system now, so when liquidity tightens, volatility increases.” Additionally, assets generating tangible yield, such as Solana, tend to hold up better than momentum-driven tokens.
However, as Bitcoin stabilized again, positive talk started dominating negative talk in the market. While price movements are still volatile, the common investor started becoming hopeful about Bitcoin reaching $70,000 soon. In addition, there are more investments coming into altcoins, which indicates that investors are becoming hopeful about diversification of investment risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
DOGE Price Prediction: Elon Musk Drops X Money News and Dogecoin Immediately Pumps
The Dogecoin price shot up 10% today after Elon Musk announced that X Money early public access starts in April.
DOGE is now trading near $0.0985, just below the key $0.10 level that traders are watching closely.
Musk’s X Money News Sparks Immediate Rally
Where Is the D
CaptainAltcoin12m ago
BTC breaks through $71,500, rising 4.5% in a single day, with multiple analysts' opinions diverging
March 10th, Bitcoin rose approximately 4.5%, breaking through $71,500. Despite tense tensions in the Middle East, analysts have differing views on the future market. Some believe the short-term bulls are in the lead, while others remain cautious of a potential pullback and are watching key support levels.
GateNews57m ago
Bitcoin Rises as Trump Amplifies Iran Threats, Fed Rate Cut Chances Fall Near Zero
Bitcoin's price hovers near $71,000 despite a 3% increase, as geopolitical tensions and the Federal Reserve's rate policy create market uncertainty. Oil prices have declined from recent peaks, and crypto markets face liquidation pressures amid mixed investor sentiment.
Decrypt1h ago
Crypto and TradFi Divergence Defines 2026 Market Resilience Amidst Bitcoin Sell-Off
March 2026 as traditional equities and digital assets fell sharply apart. In the first quarter A decoupling is being witnessed that challenges the notion of Bitcoin as a high-beta proxy for the stock market. After a year-end sell-off and a plunge from its 2025 highs, the S&P 500 (SPX) has shown
BlockChainReporter1h ago
ETH 15-minute increase of 1.02%: Ecosystem upgrade expectations resonate with active buying, driving the rally
From 14:30 to 14:45 (UTC) on March 10, 2026, ETH recorded a short-term gain of +1.02%, with the price rising from 2024.3 USDT to 2047.18 USDT, an amplitude of 1.13%. Trading volume during this period significantly increased, with active addresses rising from 12,800 to 15,600, and large on-chain transfers up by 30.2%, reflecting a notable increase in market attention and volatility.
The main driver of this movement is the Ethereum "Verde" technical upgrade testnet news.
GateNews2h ago
BTC 15-minute increase of 0.95%: Technical breakthrough and large on-chain transfers dominate short-term rally
From 14:30 to 14:45 on March 10, 2026 (UTC), the price of BTC surged rapidly, with a 15-minute return of +0.95%. The candlestick quotes fluctuated between 69,792.0 and 70,485.0 USDT, with an amplitude of 0.99%. Market short-term activity increased, and the heightened volatility attracted widespread attention from users.
The main driver of this anomaly was BTC breaking through a key resistance level in the short term, activating technical traders and automated quantitative strategies to buy, creating a bullish momentum. At the same time, large on-chain BTC transfers and net inflows to exchanges...
GateNews2h ago
