Trump's shocking announcement..!! Bitcoin surges..!?
The cryptocurrency market started trading on monday with a huge increase, and all the leading cryptocurrencies, which had been trading sluggishly throughout the past week, rose sharply today. In particular, the price of Bitcoin rose by up to 20 percent, while other leading cryptocurrencies also rose significantly. The main reason for this is that the US government led by donald trump said that cryptocurrency would be included in the new US strategic currency reserve, and many cryptocurrencies started rising sharply today from the decline. This announcement has given new hope among crypto investors. In a post on Truth Social, donald trump said that the united states will create a reserve of cryptocurrencies including Bitcoin, Ether, XRP, Solana, and Cardano, following his january executive order on wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital assets. The names of these currencies have not been previously disclosed, and the january order only announced that wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital currencies would be added to the reserve.
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Donald Trump’s announcement has caused a new twist in the crypto market. In particular, he posted on sunday that Bitcoin and Ether will make up the bulk of this reserve, sparking great interest among crypto investors. The echo of this post has boosted the world’s largest cryptocurrency Bitcoin by more than 20%, with Bitcoin rising from $78,273 to $94,154 in 24 hours, after a decline until yesterday. Similarly, Ether rose 20 percent to $2,482, XRP rose 38 percent, Solana rose 20 percent, and Cardano rose 78 percent. This sudden rise has created a new growth path in the crypto market. It is said that this sharp rise may extend until the first white house Crypto Summit hosted by the US government on Friday. This summit is expected to bring more changes to the crypto market. Although Wall Street ended higher on Friday, the decline of big technology companies such as Nvidia has turned investors towards Bitcoin. Let's not forget that Bitcoin fell more than 17 percent in February. It is noteworthy that Bitcoin recorded its biggest monthly decline since june 2022. Bitcoin reached a historical high of $105,000 in early january when crypto supporter donald trump took office. But it is notable that since then, it has fallen by more than a third from this peak price.
The cryptocurrency market started trading on monday with a huge increase, and all the leading cryptocurrencies, which had been trading sluggishly throughout the past week, rose sharply today. In particular, the price of Bitcoin rose by up to 20 percent, while other leading cryptocurrencies also rose significantly. The main reason for this is that the US government led by donald trump said that cryptocurrency would be included in the new US strategic currency reserve, and many cryptocurrencies started rising sharply today from the decline. This announcement has given new hope among crypto investors. In a post on Truth Social, donald trump said that the united states will create a reserve of cryptocurrencies including Bitcoin, Ether, XRP, Solana, and Cardano, following his january executive order on wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital assets. The names of these currencies have not been previously disclosed, and the january order only announced that wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital currencies would be added to the reserve.
Donald Trump’s announcement has caused a new twist in the crypto market. In particular, he posted on sunday that Bitcoin and Ether will make up the bulk of this reserve, sparking great interest among crypto investors. The echo of this post has boosted the world’s largest cryptocurrency Bitcoin by more than 20%, with Bitcoin rising from $78,273 to $94,154 in 24 hours, after a decline until yesterday. Similarly, Ether rose 20 percent to $2,482, XRP rose 38 percent, Solana rose 20 percent, and Cardano rose 78 percent. This sudden rise has created a new growth path in the crypto market. It is said that this sharp rise may extend until the first white house Crypto Summit hosted by the US government on Friday. This summit is expected to bring more changes to the crypto market. Although Wall Street ended higher on Friday, the decline of big technology companies such as Nvidia has turned investors towards Bitcoin. Let's not forget that Bitcoin fell more than 17 percent in February. It is noteworthy that Bitcoin recorded its biggest monthly decline since june 2022. Bitcoin reached a historical high of $105,000 in early january when crypto supporter donald trump took office. But it is notable that since then, it has fallen by more than a third from this peak price.
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