Bitcoin and several other cryptocurrencies experienced significant price surges today following an announcement from U.S. President Donald Trump. On March 2, Trump revealed plans for a new U.S. strategic cryptocurrency reserve, naming Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA) as assets to be included. This news triggered a market-wide rally, with Bitcoin jumping over 20% from last week’s lows to around $92,000-$93,000, while Cardano soared by over 60%, XRP rose by more than 30%, and Solana gained over 22% in the past 24 hours. The total crypto market cap increased by approximately 10%, or over $300 billion, reflecting heightened investor optimism.