As of March 4, 2025, President Donald Trump announced the creation of a U.S. Crypto Strategic Reserve, aiming to position the U.S. as a leader in the cryptocurrency industry. The reserve will include Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA).
Following this announcement, the cryptocurrency market experienced significant fluctuations. Bitcoin's price surged to approximately $95,136 but later corrected to around $92,068. Other cryptocurrencies like XRP, SOL, and ADA also saw notable gains, with Cardano's ADA increasing by 71%.
Regarding the "Official Trump" coin (TRUMP), it is a cryptocurrency that gained attention following its launch in January 2025. The coin reached an all-time high of $75.35 on January 19 but has since experienced a decline. As of today, TRUMP is trading at approximately $12.50, reflecting a decrease of about 83.5% from its peak.
Technical analyses present a mixed outlook for TRUMP. Some indicators suggest a "Sell" signal, while others lean towards "Buy." For instance, oscillator indicators show a tendency towards selling, whereas moving averages suggest a stronger inclination towards selling. $TRUMP
