Crypto Market Surges as US Plans ‘Crypto Strategic Reserve’
- The global crypto market surged by $100 billion following Trump’s announcement.
- XRP increased by 37%, Solana (SOL) by 24%, and Cardano (ADA) over 70%.
- Bitcoin (BTC) and Ethereum (ETH) rose by 10% and 13%, respectively.
- Trump aims to counter “corrupt attacks” on the crypto industry with this reserve.
- A Presidential Working Group was established in January to explore a digital asset stockpile.
President Trump’s confirmation of a US “crypto strategic reserve” led to a $100 billion increase in the global crypto market, with significant gains across major cryptocurrencies like XRP, SOL, ADA, BTC, and ETH.
Source (2.6)https://dailyhodl.com/2025/03/02/bitcoin-ethereum-xrp-solana-and-cardano-surge-as-president-trump-announces-us-will-establish-crypto-strategic-reserve/?rand=59076
