The panic selling caused by the recent tariff threats was directly alleviated by Trump's latest State of the Union address. In his speech, he emphasized low inflation, strong employment, and sustained capital investment. This sent a strong signal to the market that the macroeconomy is stabilizing and that policies are coherent, leading to a decline in Wall Street's risk aversion sentiment. Funds are beginning to flow back heavily into risk assets, including cryptocurrencies.
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The panic selling caused by the recent tariff threats was directly alleviated by Trump's latest State of the Union address. In his speech, he emphasized low inflation, strong employment, and sustained capital investment. This sent a strong signal to the market that the macroeconomy is stabilizing and that policies are coherent, leading to a decline in Wall Street's risk aversion sentiment. Funds are beginning to flow back heavily into risk assets, including cryptocurrencies.