🚀 Major crypto movement!
Following President Trump's ground breaking announcement to include Bitcoin ($BTC ), Ethereum ($ETH ), and $XRP in the U.S. crypto strategic reserve, billions in these assets flowed to exchanges.
This historic move led to a significant surge in crypto prices and a wave of market activity. 📈💰 The inclusion of these cryptocurrencies in the national reserve signals a strong endorsement of digital assets and could pave the way for broader adoption and integration.🌐
What to know:
Following President Trump's announcement of including crypto assets in the U.S. strategic reserve, billions in XRP tokens and thousands of bitcoin were moved to exchanges, possibly contributing to their price fluctuations.
CryptoQuant analysts suggest that the rise and sudden fall of cryptocurrencies indicate a contraction in real spot demand, making it challenging to sustain a rally in crypto prices.
CryptoQuant analysts observed a decline in Bitcoin's apparent demand growth, suggesting that sustaining a rally in crypto prices may be challenging unless demand increases.
