This week marks an intriguing time for cryptocurrencies as a swift decline is rapidly reversing. It’s a fact that cryptocurrencies have embarked on a new path with Trump. While the recent surge may seem somewhat exaggerated, the long-term softening of the regulatory environment and discussions around reserves provide supportive conditions for the market. So, what’s happening?
Latest Updates on Cryptocurrencies
Just moments ago, Trump announced that ADA ($1.09), XRP ($2.92), and SOL ($178.23) coins would be included in the crypto reserves. Following this announcement, ADA experienced nearly a 70% increase. Meanwhile, BTC ($94,664.77) approached $91,800. The most significant development came from ETH ($2,526.03), which continued the day with an 11% rise, reaching $2,447.
In addition to his initial post, Trump wrote:
