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International Business Times
International Business Times
Business
Marvie Basilan

$ADA, $XRP Outpace $BTC, $ETH In Crypto Market-wide Pump After Trump Announces Digital Assets Reserve

Crypto ADA Donald Trump BTC XRP Bitcoin Cardano Ethereum Solana United States
Donald Trump announced a "crypto reserve" that will consist of major cryptocurrencies, including some of the world's leading altcoins, $XRP and $ADA. (Credit: Kanchanara/Unsplash)

KEY POINTS

  • $ADA was up 68.5% Sunday, while $XRP gained more than 34% overnight
  • All other top cryptocurrencies were in the green, most making double-digit percentage gains
  • The first digital assets specified by Trump for the reserve are $XRP, $SOL, $ADA, $BTC, and $ETH

U.S. President Donald Trump has single-handedly lifted the entire cryptocurrency after he announced Sunday a "U.S. crypto reserve" that he said will ultimately drive growth in the industry that just recently suffered a market dump following a $1.4 billion hack on leading crypto exchange Bybit.

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