The price of Bitcoin (BTC) increased more than $ 91,000 on Sunday after the president of the United States, Donald Trump, announced cryptographic strategic reserves for the world’s largest economy.
In his initial announcement, Trump announced XRP, Solana (Sol) and Cardano (ADA) as cryptocurrencies that will be included in the reserve and then said that BTC and Ether (ETH) would also be part of it.
Read more: Donald Trump name XRP, Sol, ADA, BTC and ETH as part of the US crypto reserve. UU.
XRP increased 31% in the last 24 hours to operate around $ 2.80, while Ada Price crossed over $ 1 and sun above $ 160, both increasing more than 20% on Sunday.
Meanwhile, BTC increased 6% in the last 24 hours, finally quoted over $ 91,000 after prices were close to 80,000 to the $ 84,000 range. ETH was above $ 2,400, increasing almost 10% in the same period of time. The largest Coindesk 20 (CD20) index increased by 17% in the last 24 hours.
The news would also help the prices of actions related to cryptography such as the Strategy (MSTR), Coinbase (Coin), Robinhood (Hood) and Bitcoin Miners such as Mara Holdings (Mara), riot platforms (Riot) and CleansPark (CLSK).
Trump’s movement will probably bring a bullish feeling to digital asset space, which had been languishing for a week.
Cryptography prices began to show signs of life on Friday when the White House said Trump would organize a cryptography summit on March 7. The summit attendees will include “prominent founders, CEO and investors of the cryptographic industry.
Read more: cryptogram prices show signs of recovery with Bitcoin above $ 84K in the middle of Trump’s summit plans
