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Bitcoin Pares Gains During Trump Speech After Topping $66,000
Bitcoin (BTC-USD) trimmed part of its early Asia gains during US President Donald Trump’s State of the Union address to Congress on Wednesday after a morning jump that defied sustained pressure. Bitcoin was up more than 2% to roughly $65,500 at 1 p.m. in Singapore after rising as much as 3.52% ahead of Trump’s speech, its biggest intraday gain since Feb. 13. Ether rose more than 2.5% at $1,906, after surging as much as 4.84%. Smaller tokens also advanced with more positive market sentiment. Solana gained as much as 5.48% while XRP was up as much as 3.53%, before also paring gains. The initial uptick came ... (full story)