$BTC President Trump's announcement of a U.S. "Crypto Strategic Reserve," including Bitcoin, Ethereum, XRP, Solana, and Cardano, led to brief price surges in these cryptocurrencies, with the total market capitalization increasing by over $300 billion before stabilizing.

Bitcoin continues to dominate the crypto market due to its robust liquidity, strong investor confidence, and the scarcity effect from its 21 million supply cap.

Ethereum remains the top platform for dApps and DeFi, with significant network upgrades and increasing institutional interest, especially following the introduction of Ether ETFs in 2024.