The cryptocurrency market is experiencing an explosion, resonating with policies and geopolitical events.
After Trump announced a trade agreement with the UK, global trade tensions eased, and Bitcoin surged past the $100,000 mark, with Ethereum soaring over 20% in a single day. Market sentiment is high, with altcoins rising across the board, reflecting investors' expectations of a global macro easing and the linkage to digital assets. Meanwhile, several U.S. states have introduced policies supporting crypto assets, including Missouri's plan to fully exempt capital gains tax and Texas's plan to establish Bitcoin reserves, providing a strong boost to the market.