U.S. President Donald Trump announced the names of 5 cryptocurrencies expected to be included in the new U.S. strategic reserve for digital currencies, which instantly raised their values last night.
Trump said on social media that the executive order he issued in January regarding digital assets would lead to a stock of currencies including Bitcoin, Ethereum, XRP, SOL, and ADA, and these currencies had not been announced before.
Increases Bitcoin rose by 7% to $91,960 during the last 24 hours in the latest transactions. Ethereum increased by 4.78% to $2,348.8. XRP rose by 14% to $2.58. Solana increased by 11.24% to $160.33. Trump stated that the executive order he issued provided "guidance to the presidential working group to move forward with the strategic reserve of cryptocurrencies that includes Ripple, Solana, and Cardano. I will ensure that the United States is the capital of cryptocurrency in the world." #XRP #ETH #sol #BTC #ADA Are these indicators of a rise for the mentioned currencies and an attractive opportunity for investors, or is it a trap to lure capital in this crazy world (the crypto world)?
Technical analysis is a useful tool for predicting trends on the chart. However, many people have recently started trading using bots that have programmed technical analysis concepts. Some may be able to determine the direction in which the market is headed and the direction it may take over different time frames in the future. While this is the prediction of the NEXPACE price based on techniques, please do your own research and trade based on your knowledge and ability. The live price of NEXPACE is $2.685484 per (NXPC / USD) today with a current market cap of $449 million. The trading volume over the last 24 hours is $1.43 billion. The NXPC to USD price is updated in real-time. NEXPACE is +4.36% in the last 24 hours. In the end, is NEXPACE a new trend for speculators for new and beneficial profits, or is it a whale game that may end within days and perhaps hours. #NXPUSDT