Bitcoin Price Soars As Trump Says Crypto Reserve To Hold BTC, Ethereum, XRP, Solana, Other Cryptocurrencies

The Bitcoin price jumped Sunday while other cryptocurrencies such as Ethereum, XRP, Dogecoin, Solana and Cardano soared as President Donald Trump expanded on his commitment for a U.S. crypto strategic reserve

"A U.S. Crypto Reserve will elevate this critical industry," Trump wrote on his Truth Social site, adding "my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA."

He followed up with another post, "obviously, BTC and ETH, as other valuable Cryptocurrencies, will be at the heart of the Reserve. I also love Bitcoin and Ethereum."

White House AI and crypto czar David Sacks is the primary investor in Bitwise. Bitwise's top five holdings are BTC, ETH, SOL, XRP and ADA (Cardano).

President Trump issued a crypto executive order on Jan. 23, mentioning a "national digital asset stockpile" but didn't cite any specific cryptocurrencies.

The Bitcoin price jumped above $94,000 as of Sunday evening, getting as high as $95,136. The dominant digital currency had plunged from record highs in recent weeks, undercutting $80,000 at one point last week. It was at $84,108.22 as of 4 p.m. ET Friday.

Ethereum leapt to above $2,500. It was at $2,222.39 as of 4 p.m. ET Friday

Ripple-tied XRP token shot up 35% vs. 24 hours earlier to $2.97.

Solana leapt 24% to $178.

ADA, or Cardano, spiked 74% to $1.15.

Dogecoin, not named by Trump Sunday, popped 16% to 24 cents. Tesla (TSLA) CEO Elon Musk has long championed Dogecoin.

The $TRUMP meme coin shot up 28% to $16.84. Trump businesses control a majority of $TRUMP.