XRP News Today: Trump’s Crypto Reserve Plan Sends XRP Soaring; BTC Hits $96K
Read expert analysis on what could drive XRP to new highs here.
Bitcoin Rebounds on Trump’s Strategic Reserve Announcement
On March 2, BTC rallied after President Trump’s crypto strategic reserve asset announcement. Notably, BTC avoided a sharp reversal after Trump’s first announcement, which omitted bitcoin and ethereum. However, BTC surged following Trump’s confirmation of its inclusion.
Despite the momentum, BTC remained below $100,000 for the 23rd consecutive session, reflecting uncertainty over the reserve’s structure.
A potential path for Bitcoin’s inclusion as a Strategic Reserve Asset could come through Congressional legislation. Senator Cynthia Lummis introduced the Bitcoin Act,…