Trump's State of the Union Ignites Concerns for Crypto Market

US President Donald Trump's State of the Union address was notable for its lack of mention of digital assets, despite his family's significant involvement in the industry. The nearly two-hour speech touched on various topics, including economic gains, warning Iran against pursuing nuclear weapons, and defending tariff policy after a Supreme Court setback.

The Federal Reserve is expected to hold interest rates steady due to sticky inflation and unresolved tariffs. This higher-rate environment will likely continue to weigh on risk assets, including digital assets.