Some Altcoins surpassed the broader Cryptocurrency market as Bitcoin rebounded more than $ 90,000 psychology by positive news on the US’s adoption of Crypto.
Cardano’s (ADA) token increased by more than 43% from UTC to 10:15 am on March 3 at 10:15 am, with more than $ 0.95 transactions, according to Pro Data, according to PRO DATA, more than 43% up to 24 hours.
ADA/USD, one month chart. Source: COINTELEGRAPH
SOLANA (SOL) and XRP (XRP) also started significantly rally, and XRP rose more than 15% and SOL rose almost 12% on daily charts, surpassing Bitcoin (BTC) 7.3%.
ADA, SOL, XRP, 1 day chart. Source: COINTELEGRAPH
The rally has been almost a day after US President Donald Trump has announced that his three Altcoins on digital assets have been ordered to include these three Altcoins in the US encryption strategy protection area.
According to Marcin Kazmierczak, co -founder and chief operating officer of Blockchain Oracle Provider Redstone, this was the main cause of the rally.
“The main reason (after the meeting) is because of Trump, including these three coins in US reserves. He will definitely be the core of the reserve army after following the tweets of checking BTC and ETH. ”
However, community support added that it has played the role of ADA and XRP, which are especially powerful followers who can attract more retail investors.
source: Jamie Coutts
Currently, the encryption market recovery can be known to the end of the previous market cap, which reported that on February 20, 24%of the top 200 Crypto currencies fell to the lowest level of more than a year.
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ADA, SOL, XRP’s first Altcoin potential US encryption is included.
Juan Pellicer, a senior research analyst of Intotheblock Crypto Intelligence Platform, said Trump’s presentation in Cointelegraph shows an important turning point for three Altcoins.
“Ideas for the reserve have come to mind before, but this is the first time that certain ALTCOINS has been emphasized, which is likely to emphasize the US -based encryption project beyond Bitcoin.”
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Trump gave a keynote speech at the 2024 Bitcoin in Nashville. source: Cointelegraph
Trump has previously promised to establish a strategic national Bitcoin reserve at the 2024 Bitcoin 2024 meeting in Nashville, Tennessee. Trump told the audience during the keynote.
“Maintaining 100%of all bitcoins currently owned or acquired in the future will be the policy of my administration. We will maintain a hundred %. ”
https://www.youtube.com/watch?v=q980_6djfyu
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