The cryptocurrency market is roaring back, with Bitcoin leading the charge after U.S. President Donald Trump announced plans to include major digital assets in a newly proposed U.S. Crypto Strategic Reserve. The announcement sent shockwaves through the market, pushing Bitcoin up by nearly 10% to $95,043.44, with analysts predicting further gains in the coming days.
Market Reacts to Trump’s Strategic Crypto Reserve
Trump’s decision to incorporate Bitcoin (BTC), Ripple (XRP), Solana (SOL), Cardano (ADA), and Ethereum (ETH) into the U.S. financial framework has dramatically shifted investor sentiment. In response, key cryptocurrencies surged:
- XRP skyrocketed by 35%, reaching $2.9990
- Solana (SOL) climbed 18%, trading at $169.88
- Cardano (ADA) recorded a stunning 60% gain
- Ethereum (ETH) rose 10%, strengthening its position above $3,000
The market added over $300 billion in value within hours, as investors saw this move as a sign of institutional acceptance and regulatory clarity.
Industry Experts Weigh In
Market leaders believe this development is a game-changer. Rachel Conlan, Global CMO at Binance, called it a “defining moment” that integrates crypto into the broader U.S. financial and economic framework. Conlan also pointed out that this initiative could set a global precedent, encouraging other nations to follow suit and bringing greater institutional liquidity into the crypto market.
Edul Patel, CEO of Mudrex, echoed these sentiments, stating that the announcement has shifted market sentiment, turning digital assets into more than just speculative instruments. He highlighted that ETFs for Solana and XRP are currently awaiting SEC approval, and this new reserve could provide further validation for institutional investors.
Bitcoin’s Next Move: A New All-Time High?
Bitcoin, the largest cryptocurrency by market cap, currently holds a valuation of $1.84 trillion. After reaching an all-time high of $109,114.88 in January 2025, analysts now speculate that Bitcoin could test $100,000 again if it holds above $90,000.
“With the upcoming Trump Crypto Summit on Friday, a bullish outcome could push Bitcoin toward a fresh all-time high of $110,000,” Patel added.
With growing institutional backing and regulatory recognition, Bitcoin’s rally might only be getting started. Traders and investors are now watching closely to see whether this historic shift in U.S. policy will mark the beginning of a long-term bull run in the crypto space.
Will the Market Sustain Its Gains?
While excitement is at an all-time high, market experts advise cautious optimism. Macroeconomic factors, regulatory details, and potential profit-taking could lead to fluctuations. However, for now, the crypto market is riding the wave of renewed enthusiasm, with investors eagerly awaiting further updates from Washington.