Collective Rise of Cryptocurrencies After Trump's Decision.. and a Currency Surges 60% in Minutes

Cryptocurrencies experienced a strong upward wave today following the announcement by U.S. President Donald Trump to create a reserve of digital currencies that includes Solana, Ripple, and Cardano.

Bitcoin rose above the $90,000 mark and is now trading at $91,200, up by 7%, while Ethereum increased by 10% to $2,417 per token.

Ripple surged by 32% to $2.8242 per token, Solana rose by 20.93% to $169.2 per coin, and Cardano jumped by 60.51% to $1.0171.

The total market capitalization of all cryptocurrencies increased today from $2.78 trillion to $2.8 trillion.