BTC, ETH and XRP rallies as Trump announces ‘Crypto Strategic Reserve’
- Bitcoin price hovers around $93,000 on Monday after rallying 9.53% the previous day.
- Ethereum price found support around the $2,125 level; a recovery on the cards.
- XRP closes above its daily resistance of $2.79, hinting at further recovery.
Bitcoin (BTC) price hovers around $93,000 on Monday after rallying 9.53% the previous day. Ethereum (ETH) and Ripple (XRP) prices followed BTC’s footsteps and rallied nearly 14% and 35% on Sunday. This spike in prices was triggered by Donald Trump’s announcement on his Truth Social platform of a US ‘Crypto Strategic Reserve’, including Bitcoin (BTC), ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA), aiming to boost America’s crypto leadership.
