The crypto market today has been chugging up on the charts. The fuel for the investor optimism comes from U.S. President Donald Trump endorsing a strategic crypto reserve, which includes XRP, Solana, and Cardano as well. This has directly led to the market cap of the business shooting up a remarkable 9.01% to $3.09 trillion.
Bitcoin has made praise-worthy moves, following the news around the U.S. crypto reserve. Talking about numbers, BTC price shot up from its low of $85k to a peak of $95k, all in just 24-hours. Bitcoin price currently is at $92,935.81, still 8.17% up over the previous day. The largest cryptocurrency saw $66.9 billion worth of trade since yesterday, while its dominance stood at 59.7%.
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Ethereum, the second-largest cryptocurrency, posted a solid 9.90% price hike to $2,446.46. XRP also enjoyed an impressive gain of 24.77% to hit $2.80. Solana saw a similar uptrend, gaining 18.41% and reaching $169.99.
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What has awed marketers, is Cardano leading the top 100 cryptos. The bullish trend was aligned with its allocation in Grayscale’s smart contracts fund. And whale accumulations.
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Bitcoin is currently priced at $92,935.81, with an 8.17% increase in the last 24 hours.
Cardano has seen the highest growth today, surging 61.79% to $1.07.
While Bitcoin and Cardano showed major gains, Solana and XRP also rose substantially, while assets like MKR and TIA saw losses.
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