Crypto Update – March 2, 2025

Massive waves in the crypto world today! Donald Trump just shook the markets with his announcement of a U.S. Crypto Strategic Reserve, officially backing Bitcoin ($BTC), Ethereum ($ETH), $XRP, Solana ($SOL), and Cardano ($ADA). The result? A marketwide surge, with BTC pushing toward $94K, SOL up 24%, and XRP soaring 31%! On top of that, the White House Crypto Summit on March 7 has traders speculating on potential regulatory shifts and institutional involvement.

But not everything is bullish—Pi Coin is in freefall, crashing 45% in just four days as hype fades, leaving holders scrambling. XRP, despite its Trump-fueled pump, is still feeling pressure from a 17% weekly decline, with whales reportedly offloading. Meanwhile, Ethereum’s dev team is addressing centralization concerns, sparking fresh confidence in ETH’s future—ETH jumped 13% today, briefly touching $2,500.

Even Elon Musk is weighing in, warning memecoin traders they’re “foolish” for betting big. Despite this, Dogecoin is holding strong at a $30B market cap, proving the memecoin craze is far from dead.

#Crypto #Bitcoin #XRP #Solana #Trump #Ethereum #CryptoReserve 🚀