Crypto Market Sees Sudden Surge in Prices Amid Positive Macro Cues

The crypto market has experienced a rebound, with Bitcoin reclaiming the $65,000 level. This surge in prices is attributed to short covering and dip buying after a sharp correction, as well as positive macro cues including Trump's State of the Union address and Mastercard's hiring push for stablecoin infrastructure.

Mastercard's job listing for a Director of Crypto Flows has sparked optimism in the market, as it indicates that major financial institutions are treating stablecoin infrastructure as a core business priority. This could drive more capital and adoption into the market over time.