Bitcoin Rebounds Over 7% on Trump Speech and Upgrade Hopes

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Source: The Motley Fool
Bitcoin Rebounds Over 7% on Trump Speech and Upgrade Hopes
Photo: The Motley Fool
TL;DR Summary

Bitcoin surged about 7.7% in the last 24 hours, helping lift the total crypto market cap around 7.5%, as investors tilt bullish after President Trump's State of the Union address and as Bitcoin developers discuss upgrades to improve programmability, security and scalability. On-chain activity, including active addresses and daily transactions, has picked up, supporting the rally beyond mere sentiment.

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