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Hey there, Degens!
Just when you thought the markets were losing steam, President Trump drops a crypto bombshell: The United States is establishing a strategic crypto reserve—and guess which coins are in it? Bitcoin, Ethereum, XRP, Solana, and Cardano, baby.
In the blink of an eye, BTC soared above $91K, alts followed suit, and the entire cryptosphere is partying like it’s 2021.
So what’s the deal?
President Trump initially mentioned a reserve featuring XRP, SOL, and ADA, but apparently, the big guys (BTC and ETH) are “obviously” part of the plan. He even posted, “I also love Bitcoin and Ethereum!” That sound you hear is the market pumping.
Source: Truth Social
1. BTC Cracks $91K—Finally
After drifting in the mid-80s for what felt like forever, Bitcoin popped above $91K on Sunday. That’s about a 6% jump in a day, which might not sound like a lot to grizzled veterans—but hey, we’ll take it. We’re flirting with the upper 90K territory, so keep an eye out.
XRP went absolutely wild, flying up ~30% to near $2.80. SOL climbed past $160 (that’s +20%), ADA soared above $1 with a +60% jump, and ETH is near $2,400. If your alt bags were crying last week, they might be singing hallelujah now.
2. Market Mood: Full-On Bullish
For a while, the crypto mood was as stale as your leftover pizza. Then came the White House crypto summit announcement—plus this new reserve plan—and voilà: instant euphoria. The broader CoinDesk 20 Index shot up 17% in 24 hours, so there’s a whole lot of green on those charts.
What about the rest of the market? You can bet crypto-linked stocks like MSTR, COIN, HOOD, MARA, RIOT, and more will ride these waves. After a week of gloom, everyone is slapping on their bull horns again.
3. Trump’s “I Love BTC & ETH” Moment
Remember when the market freaked out that the U.S. might only stockpile certain altcoins? Now the President is clarifying: “Obviously, BTC and ETH” are at the heart of the reserve. It’s not just some alt experiment—it’s basically the top 5.
So maybe all that tariff drama and meltdown of the last week was overshadowing what’s become a truly big piece of policy news. If the U.S. actually invests in these tokens, that’s a game-changer—even if we’re still waiting for details.
4. White House Crypto Summit: Mark Your Calendars
March 7 is set for the big pow-wow. Expect top CEOs, big investors, devs, maybe your neighbor’s cat, all gathering to shape U.S. crypto policy. If you’re looking for catalysts, that date might be circled in red on your wall. Could we see another leg up after the summit? Possibly, especially if they reveal more about the new reserve.
5. Buckle Up, Degens
Yes, this is great news—but let’s not get too carried away. We’re still in a volatile environment where big rallies can lead to equally big corrections. Keep your seatbelt on, your stops tight, and maybe don’t mortgage your grandma’s house just yet.
That said, it’s a breath of fresh air to see everything pumping. If you were drowning in FUD last week, consider this your redemption arc.
Final Take
In crypto, news is oxygen. One bullish announcement from the White House, and suddenly the entire market is back in the green. If this is a sign of bigger policy shifts to come, we might be looking at a wild ride into spring—and beyond.
Stay degen, and stay focused
— The DegenDen Team
P.S. Keep an eye on March 7. If the summit’s as bullish as folks hope, you might see $100K BTC in a hurry. Or more? Dare we dream…
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