Some altcoins outperformed the broader cryptocurrency market, as Bitcoin organized a large recovery above the psychological level of $ 90,000, driven by positive news about the dependence of encryption in the United States.
Kardano (LeadThe distinctive symbol was the largest Rabin among the 100 largest encrypted currencies, as more than 43 % rose in 24 hours, up to 10:15 am UTC on March 3 for trading over $ 0.95, Cointelegraph markets Professional Data appears.
ADA/USD, one month scheme. Source: Cointelegraph
Solana (TellerXRP (XrpAlso, large gatherings, with more than 15 % XRP and Sol rises about 12 % on the daily chart, outperform bitcoin (BTC(7.3 % increase inside the day.
ADA, Sol, XRP, one -day graph. Source: Cointelegraph
The march came one day after the American President Donald Trump announced Its working group was directed on digital assets to include these three altcoins in the American Crypto Strategic Reserve.
According to Marsen Kazimijak, co -founder and CEO of Blockchain Oracle Redstone, this was the main engine behind the assembly:
“The main reason [behind the rally] Is Trump, including these three currencies, in the United States reserves. Shortly after his followers with a tweet confirming BTC and ETH it is clear that the essence of the reserve. “
However, he added that community support also played a role, especially for ADA and XRP, who have already had strong followers that could attract more retailers.
source: Jimmy Cots
The recovery of the current encryption market may indicate the end of the surrender of the previous market, which he saw 24 % of the best 200 encrypted currencies He decreased to its lowest level for one year, Cointelegraph mentioned on February 20.
Related to: Ronaldinho launches a 35 % code from the inside, reaches $ 397 million in the market
Ada, Sol, XRP First Altcoins to be included in the potential Crypto Reserve in the United States
Juan Pelic, chief research analyst at Inteother Crypto Intelligence Platform, told CointeleGraph that Trump’s advertisement might indicate an important turning point for the three:
“Although the idea of the reserve has been put forward before, this represents the first time that the specified altcoins is highlighted, indicating that the plan extends beyond Bitcoin and most likely confirms the US -based encryption projects.”
Related to: Solana has decreased by 45 % since the Trump Tokeen launch while Memecoins has converted liquidity
Trump gave the main title at the Bitcoin 2024 conference in Nashville. source: Cointelegraph
Trump previously promised to create a “national strategic stock of bitcoin” at the Bitcoin 2024 conference in Nashville, Tennessee. Trump He said The public during his main speech:
“My administration policy – the United States of America – will keep 100 % of all bitcoin currently maintaining or getting it in the future. We will keep a hundred percent.”
https://www.youtube.com/watch?
magazine: SCB Tips $ 500K BTC, SEC Delay ETHE ETF options, and more: Hodler’s Digest, February 23 – 1 March
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