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After a month of a market downturn, today’s market has shown a rare surge, jumping 8% following an announcement from pro-crypto U.S. President Donald Trump. On March 2, 2025, Trump made a post on X (formerly Twitter), revealing and greenlighting the highly anticipated “Crypto Strategic Reserves,” which has excited the entire crypto community.
This announcement on X has pumped the overall crypto market. Leading assets like Bitcoin ($BTC), Ethereum ($ETH), Solana ($SOL), $XRP, and Cardano ($ADA) saw significant price surges of 8.50%, 13%, 25%, 35%, and 65%, respectively.
Among the biggest beneficiaries of the announcement were $XRP, Solana ($SOL), and Cardano ($ADA), which Trump confirmed would be part of the Crypto Strategic Reserve. Additionally, he noted that $BTC, $ETH, and other valuable cryptocurrencies would also be part of the reserve. Trump stressed his pro-crypto stance, stating, ‘I love Bitcoin and Ethereum.’
The post on X stated, “A U.S. Crypto Reserve would elevate this critical industry after years of corrupt attacks by the Biden administration.”
This Crypto Strategic Announcement will make the U.S. the crypto capital of the world, says Trump. Additionally, he stated, “We are MAKING AMERICA GREAT AGAIN.”
Trump’s announcement signals a potential U.S. government entry into crypto accumulation, which could trigger a historic market rally.