Bitcoin and Ethereum, along with other assets that posted even greater benefits on Sunday, have both increased by more than 10 % over the past day after President Donald Trump made it clear that both will feature prominently in a planned U.S. crypto reserve.
According to CoinGecko’s data, Bitcoin is up nearly 11 % on the day at$ 94,130, reversing previous gains that were as low as$ 78,940 on Friday. In spite of the uncertainty, it is still down more than 1 % on the week.
Ethereum, on the other hand, has increased by nearly 14 % over the past day to a current price of just above$ 2,500, despite the fact that it has been down 11 % over the past seven days.
Trump stated on Truth Social on Sunday that a organized” crypto strategic reserve” would include the incredibly beneficial crypto assets XRP, Solana, and Cardano. He did not mention Cryptocurrency in the first post, despite mentioning it as the primary topic for a reserve plan he initially described at the Bitcoin Nashville conference last year.
However, he soon clarified that both Bitcoin and Ethereum would be included in the network’s follow-up blog.
The heart of the reserve will naturally be BTC and ETH, as well as other highly valuable cryptocurrencies, according to Trump. I adore Bitcoin and Ethereum as well!
The first three property he mentioned have risen even higher on the day, despite the two major assets’ huge gains. Solana has increased by 24 % to about$ 175, while Cardano is in the lead with an incredible 68 % increase to$ 1.07 as of this writing, while XRP is up 35 % to$ 2.92.
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