03/03 update below. This post was originally published on March 02

Bitcoin and major cryptocurrencies Ripple’s XRP, solana and cardano have rocketed higher after Donald Trump revealed plans to create a U.S.-focused crypto reserve.

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The bitcoin price shot toward $90,000 per bitcoin following Trump’s post, despite not initially being named as part of the planned U.S. crypto reserve.

Ripple’s XRP and ethereum rivals solana and cardano—all regarded as U.S.-made cryptocurrencies—each rose between 20% and 50%.

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