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Bitcoin jumps at rocket speed, crosses $95,000 mark: Trump announces crypto reserve measure!
Bitcoin Price: The world’s largest cryptocurrency Bitcoin has jumped at a rocket speed, crossing the $95,000 mark. Bitcoin has seen a rise after US President Donald Trump announced a crypto reserve measure. Bitcoin had been rising continuously since Donald Trump was appointed as the US President. However, it has witnessed a lot of correction in recent days.
Bitcoin, the leading coin in the cryptocurrency market, has returned to the rhythm. The price of Bitcoin has crossed the $95,000 mark after Donald Trump announced the establishment of a Crypto Strategic Reserve. This announcement has caused a stir in the crypto market again.
The price of Bitcoin rose above $95,000 on March 2, 2025, after the announcement by US President Trump. Bitcoin reached a high of $95,136 due to Trump’s decision. The second largest cryptocurrency, Ether, also rose and reached $2,516. Trump’s plan aims to promote the American crypto industry. According to Trump, the US Crypto Reserve will help to lift this important industry after the corruption attacks of the Biden administration.
Bitcoin, other cryptos also jumped!
Not only Bitcoin, but also several cryptocurrencies including XRP, Solana and Cardano have seen their prices rise due to Trump’s announcement. Solana (SOL) has risen by 24% to $175.46. The XRP token has risen by about 31% to $2.92 and then by 33.14% to $2.84.
Meanwhile, Cardano (ADA) has risen by 71% to $1.1. However, due to the volatile nature of the crypto market, investing in these digital asset classes is risky. Investors should exercise caution and check with a certified expert before making any investment decisions.
Cryptocurrency is very volatile! Beware..!
Since the crypto market is very volatile, prices can fluctuate significantly in a single day. For example, if a cryptocurrency is worth $100 in the morning, it could be $150 or $50 by the evening. So, if you are thinking of investing in crypto, only invest money that you are willing to lose. Do proper research before investing in the crypto market.
The crypto market can be influenced by government policies and statements by prominent figures. Crypto investors should be aware of market developments. Just as the crypto market can increase people’s wealth rapidly, it can also cause losses just as quickly. So always invest carefully. Even a little bit of money can put your hard-earned money at risk!
What is Cryptocurrency?
Cryptocurrency is a method of online payment. It is used to pay for goods and services. Cryptocurrency is a network-based digital currency. Any company or individual can issue it in the form of tokens. These tokens can only be used to purchase the goods and services of the issuing company.
