India, Feb. 20 -- Cryptocurrencies rallied in the past 24 hours as reassuring comments from President Donald Trump eclipsed the cautious sentiment portended in the FOMC minutes released on the same day. Overall cryptocurrency market capitalization added more than a percent on an overnight basis.
President Trump at his address at the FII Priority Summit in Miami on Wednesday remarked about his intentions to stay at the forefront of everything including crypto. He reiterated his commitment to making America the crypto capital and attributed Bitcoin's record highs to this commitment. He also placed on record his intentions to end the war on bitcoin and crypto.
The comments helped limit the damage caused by the cautious tone in the minutes of...