The crypto market has been boosted after President Trump announced over the weekend that the U.S. is setting up a strategic crypto reserve.
Investors went wild, sending coins like Bitcoin and Cardano soaring.
Demand for the new Solana Layer-2 project Solaxy also spiked – taking its total presale fundraising past the $24.8 million mark.
Trump’s Crypto Reserve Plan Sends Bitcoin and Cardano Soaring
Things got hectic after Trump’s post on Truth Social yesterday.
In this post, he laid out his plans for a “Crypto Strategic Reserve,” which will include some big-name coins.
Bitcoin immediately took off, briefly hitting $95,000 before pulling back – and is now hovering around $93,000.
That marks an 8% jump from where it was yesterday.
Trading activity also spiked, with spot