The cryptocurrency market soared Sunday after President Donald Trump announced the inclusion of blue-chip coins in a U.S. strategic cryptocurrency reserve.
| Cryptocurrency | Gains +/- | Price (Recorded at 7:30 p.m. ET) |
| Bitcoin (CRYPTO: BTC) | +8.82% | $93,653.92 |
| Ethereum (CRYPTO: ETH) |
+12.07% | $2,482.58 |
| Dogecoin (CRYPTO: DOGE) | +14.82% | $0.2362 |
What Happened: Bitcoin soared past $95,000, rebounding losses from Friday’s dramatic plunge below $80,000.
Similarly, Ethereum clocked double-digit gains to rise above $2,500, following a brutal February that saw the second-largest cryptocurrency plunge more than 31%.
The rally came after Trump announced a cryptocurrency strategic reserve through his Truth social account that will hold some of the market’s most valued and popular coins.
Initially, the post just mentioned XRP (CRYPTO: XRP), Cardano (CRYPTO: ADA), and Solana (CRYPTO: SOL), sending these coins skyrocketing.
However, after a couple of hours, Trump
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