Big news in the world of cryptocurrency! Donald Trump's announcement about a new crypto reserve sent prices soaring. This means a big change for digital money like Bitcoin and others.
Many cryptocurrencies went up in value quickly, especially XRP (Ripple). This surprised some people who were betting against the price going up.
This shows how much what Trump says can affect the crypto market. Sometimes, his actions have made crypto values go down, other times, way up.
- XRP's price jumped by over 35% in minutes!
- Lots of people lost money because they bet against XRP going up.
- Trump said XRP, Solana (SOL), and Cardano (ADA) will be in a new crypto reserve, followed by Bitcoin (BTC) and Ethereum (ETH).
| Cryptocurrency | Price Change |
|---|---|
| XRP | +35% (and more!) |
| Total Liquidations (4 hours) | ~$500 million |
| XRP Liquidations (4 hours) | ~$57 million |
