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Cardano witnessed a 60% price surge over the weekend, climbing above $1 on Sunday. The rise came after US President Donald Trump announced his administration's plan to establish a reserve of digital assets, which included ADA.
Since President Trump confirmed plans for a US crypto reserve, speculation has been rampant about which assets will be included. While Bitcoin is expected to dominate, many believe that altcoins like XRP, Solana, Ethereum, and Cardano could also be part of the reserve.
Trump's announcement of a strategic crypto reserve, along with a reduction in leverage from Feb. liquidations, may lead to a more sustainable rally in top altcoins, with ADA likely seeing the biggest pump.
Eric Trump's recent comments on the strategic crypto reserve announcement have sparked mixed reactions, with some praising him while others criticize the Trump family's involvement in the industry. What Happened: In an X post on Monday, Eric Trump expressed gratitude after popular crypto trader AltcoinGordon credited his late-February “buy the dips” advice when Bitcoin (CRYPTO: BTC) dropped below $90,000 on Feb. 25.
The cryptocurrency market shows fast-changing price movements that forces investors to spend their time chasing next profitability opportunities among assets. The Cardano price jumped by 50% throughout a single day following news about Trump's crypto reserve although the hybrid platform DTX Exchange continues to gain strength.
Despite the volatility which still shrouds the cryptocurrency sector, tokens such as Solana (SOL) and Cardano (ADA) continue to attract attention. As we approach March 2025, investors are asking if these particular altcoins will be able to reach or even exceed their peak values.
Trump seems to have taken a page out of his real estate negotiations in pitching XRP, ADA and SOL as candidates for crypto reserve to win over approval for bitcoin.
A lot is happening with Cardano (ADA) on the broader cryptocurrency market. The coin climbed past the $1 level on the news of its inclusion in the U.S. strategic crypto reserve.
Monday came with a fresh air of hope and optimism for the general crypto market, as President Donald Trump revealed plans for a US crypto strategic reserve.
US President Donald Trump's decision to adopt Bitcoin, XRP, Solana (SOL), and Cardano (ADA) has sparked widespread optimism. However, the community remains ambiguous on the potential composition and management of the US crypto reserve.
This could explain the loss of all the gains generated on Sunday after Trump's announcement.
A surprising idea just hit the crypto world. The creator of Cardano (ADA) wants to upgrade Dogecoin, suggesting it could be much more advanced.
XRP rivals are showing strong potential despite recent market fluctuations. As the crypto market slowly recovers, several digital assets are now valued below $1, offering an opportunity for investors to make significant returns in March XRP Rivals Below $1 That May Multiply $100 Into $10K This March The broader cryptocurrency market saw a decline, with
The recent statements by Trump on new tariffs against Canada, Mexico, and China have generated a wave of selling of crypto assets.
Cardano's price has seen wild swings, bouncing from key support but facing strong resistance. Will ADA continue its recovery, or is another major drop ahead?
Cardano's price surged 80% after being named in Trump's US Crypto Strategic Reserve announcement, reaching $1.17 before settling at $0.91 amid high trading volume and increased institutional activity.
On Sunday, Cardano (ADA) saw a massive 80% pump following the US President's announcement of a “Crypto Strategic Reserve” that will include ADA. As the cryptocurrency retests its key support levels, some analysts believe it might be poised for a 125% rally from current levels.
The sharp reversal aligned with a cautious mood among traders after Monday's market rally following the ambitious plan, as a CoinDesk analysis previously noted.
Economic uncertainty and trade tensions may dampen investor confidence, potentially leading to prolonged volatility in crypto markets. The post Crypto market in free fall ahead of Trump tariff deadline—XRP, ADA, SOL post double-digit losses appeared first on Crypto Briefing.
The coin saw a monumental 35% surge within an hour of the announcement.
Cryptocurrency prices suffered a big reversal during the American session leading to a $1 billion liquidation among investors. Bitcoin plunged below $85,000, while popular coins like Cardano (ADA), Official Trump (TRUMP), Dogwifhat (WIF), and Virtuals Protocol (VIRTUAL) falling by over 20%.
ADA, the native token of the Cardano blockchain, has experienced significant volatility over the past 48 hours. This price fluctuation has led to millions of dollars in liquidations, according to on-chain analytics firm Coinglass. Cardano (ADA) Liquidations Data shows that a total of $40.
Many industry leaders argue Bitcoin alone should be the basis of a strategic reserve, given its decentralized nature and global acceptance.
Cardano (ADA) has experienced a notable price surge recently, reaching $1.19 as demand for the cryptocurrency grows, particularly among large-scale investors. This surge in Cardano's value follows significant developments that have boosted investor confidence.
