The Trump Shock》BTC soared to 95,000, Ethereum broke through $2400, igniting the XRP, SOL and ADA reserve craze

President Trump announced last night on Truthsocial that he will advance a strategic reserve of Cryptocurrency, including XRP, SOL, and ADA (later supplemented with BTC and Ethereum), causing a collective rise in the encryption market. (Background: Trump advocates for the advancement of 'XRP, SOL, and ADA strategic reserves,' causing a surge in the market, with BTC breaking $89,000) Around 11:24 PM on Sunday (2nd), Trump suddenly posted on Truthsocial that he will instruct the Presidential Working Group to advance a strategic reserve of Cryptocurrency, including XRP, SOL, and ADA, driving the overall Cryptocurrency market higher: The U.S. Cryptocurrency reserve will elevate this critical industry after years of corrupt attacks by the Biden administration. That's why my 'Digital Asset Executive Order' instructs the Presidential Working Group to advance a strategic reserve of Cryptocurrency, including XRP, SOL, and ADA. I will ensure that the U.S. becomes the world's Cryptocurrency capital. We are making America great again! An hour and a half later, Trump also mentioned that BTC and Ethereum will become core reserves: Clearly, BTC, ETH, and other valuable Cryptocurrencies, like XRP and ADA, will become core reserves. I also like BTC and Ethereum! Stay tuned for more details at the White House Cryptocurrency Summit on 3/7. Around the same time, American AI and Cryptocurrency czar David Sacks also expressed: President Trump announced a strategic reserve of encryption consisting of BTC and other top Cryptocurrencies, consistent with his week-one Executive Order 14178. President Trump is fulfilling his promise to make the U.S. the world's Cryptocurrency capital. More details will be revealed at the White House Cryptocurrency Summit. The White House released a press release last Friday announcing the hosting of the first White House Cryptocurrency Summit on the 7th, where Trump will deliver a speech. Attendees will include prominent founders, CEOs, investors in the Cryptocurrency industry, and members of the Presidential Digital Assets Working Group. David Sacks @davidsacks47( March 2, 2025 BTC briefly rose above $95,000. Trump's advocacy had a significant effect, with BTC rising directly from $85,000 to $95,000 in one night, peaking at nearly 2 am. At the time of writing, it is reported at $92,726, up 7.6% in the past 24 hours. The rise in other mentioned Cryptocurrencies is also remarkable: ETH is currently at $2453 USDT, with a 24-hour increase of 10.89%; XRP is at $2.8 USDT, with a 24-hour increase of 27.39%; SOL is at $172.95 USDT, with a 24-hour increase of 19.79%; ADA is at $1.06 USDT, with a 24-hour increase of 61.8%. Related Reports: BlackRock's $150 billion model portfolio 'openly allocates to BTC spot ETF'! Will institutional buying drive a new surge? Weekly Report from Block: BTC briefly fell below $80,000, SEC continues to relax regulations, Trump's tariff war lingers... Michael Saylor shouts: Don't sell BTC even if you have to sell a kidney, MicroStrategy's BTC profit drops to $6.6 billion. CryptoQuant CEO: A 30% BTC pullback is a 'normal occurrence' in each Bull Market cycle, maintain confidence. 'Trump's shocking announcement': BTC climbs to $95,000, Ethereum breaks $2400, igniting the enthusiasm for XRP, SOL, and ADA reserves. This article was first published on BlockTempo, the most influential Blockchain news media.