Bitcoin Jumps Above $91K After Trump's U.S. Crypto Reserve News Brings Bulls Back

Bitcoin Jumps Above $91K After Trump's U.S. Crypto Reserve News Brings Bulls Back

Bitcoin's price surged past $91,000 on Sunday after U.S. President Donald Trump announced a crypto strategic reserve for the world's biggest economy. In his initial announcement, Trump announced XRP, Solana , and Cardano as cryptocurrencies to be included in the reserve and later said BTC and ether would also be part of it. Read more: Donald Trump Names XRP, SOL, ADA, BTC and ETH as Part of U.S. Crypto ReserveXRP jumped 31% in the last 24 hours to trade around $2.80, while ADA price crossed above $1 and SOL above $160, both rising more than 20% on Sunday. Meanwhile, BTC was up 6% in the last 24 hours, finally trading above $91,000 after prices stuck near the 80,000 to the $84,000 range. ETH was above $2,400, rising nearly 10% in the same time period. The broader CoinDesk 20 Index (CD20) rose a whopping 17% in the last 24 hours. The news would also help the prices of crypto-linked stocks such as Strategy , Coinbase , Robinhood , and bitcoin miners such as MARA Holdings , Riot Platforms , and CleanSpark (CLSK). Trump's move will likely bring bullish sentiment back into the digital assets space, which had been languishing for a week. The crypto prices started to show signs of life on Friday when the white house said Trump would host a crypto summit on March 7. Summit attendees are set to include “prominent founders, CEOs, and investors from the crypto industry.Read more: Crypto Prices Show Signs of Recovery With Bitcoin Above $84k Amid Trump's Summit Plans

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