Bitcoin clearly jumped after US President Trump’s statement to create a reserve of cryptocurrencies.
Bitcoin on Monday, March 3, increased in prices of more than 20% of the minimum last week after American President Donald Trump announced plans to include him in the new US -Cutter Crypto Strategic Crypto. Reuters write about it.
On the social network, the Truth Trump wrote that according to his January order in digital assets, a strategic reserve will be created, where Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solar (Sol) and Cardano (ADA) will be added.
Against this background, Bitcoin rose to $ 93,057 compared to $ 78,273 on Friday, February 28th.
Ethereum raised 10%from the moment of closing Friday, rising to the level of $ 2,450, the XRP grew 31%, Solana – by 15%, and Cardano – by 69%.
In February, Bitcoin fell over 17%, reaching the largest monthly percentage of autumn since June 2022 and lost more than one third of its price from the moment of over $ 105,000 in early January.
The publication record that the growth of Bitcoin after the Trump election in November has facilitated optimism that he will defend a strategic Bitcoin fund. However, in addition to raising appointments of officials friendly to cryptocurrencies, when Trump opened up, while there were little specific news about this policy for investors.
Remember, on February 28, the cost of Bitcoin fell 25% of the maximum history after the inauguration of US President Donald Trump in January.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.