Bitcoin Surges 10% Following Trump’s Support for Crypto Reserve

Updated March 4, 2025

Source: Chip Somodevilla/Getty Images

Bitcoin and Altcoins Rally After Trump’s Pro-Crypto Stance

Bitcoin (BTC) surged 10%, reaching $95,000, following reports that former U.S. President Donald Trump expressed support for a U.S. Crypto Reserve. The proposed initiative would integrate Bitcoin, Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA) into the national financial framework, reinforcing digital assets' legitimacy within the economy.

Trump’s remarks positioned the U.S. as a potential leader in crypto adoption, stating, “I also love Bitcoin and Ethereum.” His stance signals a policy shift that could lead to greater institutional backing and regulatory clarity for the cryptocurrency market.

U.S. Crypto Reserve: A Strategic Move Toward Institutional Adoption

The concept of a U.S. Crypto Reserve is being seen as a move toward integrating blockchain technology into national financial infrastructure. If implemented, it could provide:

• Regulatory clarity, reducing uncertainty for crypto investors and institutions.

• Increased institutional adoption, as government recognition could accelerate broader market participation.

• A shift in U.S. financial policy, potentially positioning the country as a leader in digital asset regulation and use.

  
  

Analysts believe that incorporating Bitcoin and Ethereum within a national reserve would encourage institutional investments and establish cryptocurrencies as mainstream financial assets.

Crypto Market Reaction: Strong Gains Across Altcoins

Bitcoin’s rally was accompanied by sharp gains in major altcoins:

• Cardano (ADA) surged 60%

• XRP gained over 30%

• Solana (SOL) rose 20%

• Ethereum (ETH) climbed 12% before a slight retracement

The surge reflects renewed investor confidence, fueled by expectations of pro-crypto regulatory developments and potential government support.

What This Means for Crypto Markets

• Government Recognition – Trump’s remarks suggest that crypto could play a larger role in national financial strategy.

• Regulatory Shift – A structured approach to integrating crypto into monetary policy could drive broader institutional adoption.

• Market Growth Potential – With Bitcoin approaching all-time highs, this policy shift could fuel continued momentum in the crypto market.

As digital assets gain traction in policy discussions, investors will be closely monitoring further developments on regulatory frameworks and market integration.