Bitcoin Soars: Trump & Jane Street Drama Ignite New Market Frenzy

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Key Highlights

  • Bitcoin makes a dramatic leap, breaking weeks of monotonous declines, liquidating over $120 million in shorts and adding around $60 billion to the crypto market cap.
  • The sudden rise is linked to market optimism following accusations of insider trading against Jane Street before the 2022 Terra Luna disaster. Traders speculate that this legal pressure has disrupted the relentless algorithmic selling.
  • In a bizarre twist, U.S. President Donald Trump calls for a swift passage of the Stop Insider Trading Act, blocking Congress members from trading individual stocks. This fueled broader anti-insider sentiment, lending an optimistic edge to the crypto markets.

Ah, February 25, a day that will be etched in the history of digital finance! The cryptocurrency markets decided to take a break from their usual descent into despair and put on a show of hope. Bitcoin-yes, the same Bitcoin that had been dragging its feet in recent days-suddenly shot up by $2,000 in mere hours, liquidating a staggering $120 million in shorts. Who would’ve thought? Traders who thought they had it all figured out were left wondering where their stop-losses went. An extra $60 billion found its way into the crypto market cap, like a lost child in a candy store.

The price surged from a paltry $63,000 to a respectable $65,875, touching $66,000 just in time for your morning coffee. The data, courtesy of CoinMarketCap, shows a refreshing 3% surge in the past 24 hours. And oh, the trading volume was nothing short of spectacular-$40 billion flowing like water in a flooded river.

Altcoins, feeling the breeze of this unexpected rise, decided to join the party. Ether had its moment, climbing nearly 5%, while Solana outperformed them all with gains up to 6%. The total crypto market cap is now flirting with $2.3 trillion. Hold onto your wallets, folks.

But the real kicker was the dramatic break in the infamous late-day selling pattern. For weeks, the market had been following the same old script: after 8 PM ET, it was a free fall into despair. But not this time! Instead of watching wallets bleed out, buyers stepped in, and the sell-off stopped in its tracks. Could this be the sign of something bigger? Or is this just another temporary blip? Traders are mulling over this unexpected shift, like philosophers debating the nature of the universe.

Observers noted that the lack of aggressive algorithmic selling was a key factor behind the rally. Could it be that the high-frequency traders took a break, perhaps distracted by the latest legal drama unfolding in the crypto world? A mystery for the ages.

The Jane Street vs Crypto Drama

Now, what’s this about Jane Street, you ask? Just when you thought the drama couldn’t get any juicier, it does. On February 24, Terraform Labs’ bankruptcy administrator filed a lawsuit accusing Jane Street of insider trading before the 2022 Terra Luna collapse. Allegedly, Jane Street, in the most unsporting of moves, exploited confidential information from a private Telegram group to withdraw significant liquidity from UST. This maneuver supposedly triggered the $40 billion wipeout. The audacity!

Jane Street, of course, has dismissed these claims as “baseless” and “desperate,” but that hasn’t stopped the crypto community from speculating that this lawsuit is tied to the sudden halt in algorithmic selling. Could it be that these legal troubles have triggered a change in market behavior? Is the grip of high-frequency traders finally loosening?

Trump’s Call for Banning Insider Trading

And as if the crypto world wasn’t crazy enough, in walks Donald Trump, demanding a ban on insider trading by Congress members. Trump, ever the controversial figure, used his State of the Union address on February 24 to call for swift action on the Stop Insider Trading Act. His impassioned plea was to stop lawmakers from profiting off insider information. The moment was met with-believe it or not-bipartisan applause. Who knew Trump could unite America on something other than his tweets?

JUST IN: 🇺🇸 President Trump demands ban on Congress from trading stocks and calls out Nancy Pelosi live during speech.

– Watcher.Guru (@WatcherGuru) February 25, 2026

But let’s not get carried away. The applause was fleeting. Shortly after, the usual partisan jabs flew in, including a sharp dig at former House Speaker Nancy Pelosi’s past trading activities. Ah, the irony. Trump’s remarks align with long-standing proposals aimed at making Congress members disclose stock trades, but with a twist-this time, it’s a call for total transparency. Who knows? Maybe this call for anti-manipulation will spill over into the crypto world, where the concept of fairness is often an afterthought.

The crypto markets seem to have taken a liking to Trump’s rhetoric. Could his words, delivered amid the chaos of the market, be fueling a newfound optimism in digital assets? Is this the beginning of something big, or will we wake up tomorrow to a market hangover? Only time will tell.

The real question, though, is whether this rally will hold. Bitcoin’s got some heavy resistance levels around $66,300, and the broader market will need to keep up the momentum. But for now, the combination of broken patterns, legal drama, and political chatter has given the market a much-needed jolt. Let’s see how long it lasts-perhaps it’s a flash in the pan, or maybe, just maybe, this is the beginning of something more.

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2026-02-25 09:11