coin-img-ETHETH+2.14%coin-img-BTCBTC+1.45%coin-img-SOLSOL+1.73%coin-img-XRPXRP+3.75%coin-img-HPETHPET-45.54%coin-img-USDCUSDC-0.02%coin-img-TRXTRX+1.50%coin-img-HYPEHYPE+5.36%coin-img-ETHETH+2.14%coin-img-BTCBTC+1.45%coin-img-SOLSOL+1.73%coin-img-XRPXRP+3.75%coin-img-HPETHPET-45.54%coin-img-USDCUSDC-0.02%coin-img-TRXTRX+1.50%coin-img-HYPEHYPE+5.36%coin-img-ETHETH+2.14%coin-img-BTCBTC+1.45%coin-img-SOLSOL+1.73%coin-img-XRPXRP+3.75%coin-img-HPETHPET-45.54%coin-img-USDCUSDC-0.02%coin-img-TRXTRX+1.50%coin-img-HYPEHYPE+5.36%coin-img-ETHETH+2.14%coin-img-BTCBTC+1.45%coin-img-SOLSOL+1.73%coin-img-XRPXRP+3.75%coin-img-HPETHPET-45.54%coin-img-USDCUSDC-0.02%coin-img-TRXTRX+1.50%coin-img-HYPEHYPE+5.36%

Trump calls US stock rally start of a ‘Golden Age’ as bitcoin rises 1.99% to $62,583

AI Market Summary
Trump's "Golden Age" framing, paired with weaker-than-expected U.S. jobs data, reinforces expectations for easier Fed policy, supporting a risk-on backdrop that helped drive a macro short-covering rally in crypto. Bitcoin's reported 76% correlation with gold suggests a stronger hedging narrative alongside its risk-asset behavior. Pro-crypto regulatory rhetoric adds marginal support, though no concrete policy changes were announced.
Impact level
● Medium
Affected assets
BTC/USDT+1.47%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Donald Trump said a sharp rebound in U.S. stocks signals the start of a “Golden Age” for the country and argued that stronger growth could give the Federal Reserve room to cut rates. Bitcoin rose 1.99% to $62,583, while Ethereum traded near $1,751 and XRP around $1.13. The move was driven largely by a macro-led short squeeze after weaker-than-expected U.S. jobs data lifted rate-cut expectations. The article also cites a reported 76% correlation between bitcoin and gold, alongside Trump’s support for a more crypto-friendly regulatory environment without outlining specific policies.
XRP
XRP+3.77%
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Macro

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