How Much Did BTC, ETH, XRP, SOL, ADA Squeeze Today?

Bitcoin, Ethereum, XRP, Solana, and Cardano prices and trading volumes soared as Trump confirmed their inclusion in the planned US crypto reserve.

Straight from the proverbial horse’s mouth, President Donald Trump has officially confirmed the inclusion of several mainstream cryptocurrencies in the proposed US crypto reserve. The chief executive of the country with the world’s most powerful economy announced via Truth Social that Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA).

Here’s how the much-anticipated event affected the crypto market, particularly the mentioned digital assets, on the way to Monday.

Bitcoin

The world’s largest crypto asset by market cap steeply climbed from a $85K low to a $95K high an hour before and after Trump’s announcement. This came with an increase in BTC’s trading volume by nearly $20 billion, from $27 billion to $46 billion during the period.

As of 6:00 AM UTC, Bitcoin has pulled back to the $92K range, but it continued to accumulate trading volume by approximately 160% in the last 24 hours at $67 billion. The latest developments also elevated the market cap of its 19.83 million supply back to $1.84 trillion, allowing it to surpass silver’s overall valuation of $1.76 trillion once more.

Ethereum

Hot on the trails of Bitcoin’s rally was Ethereum. The second largest crypto by market cap squeezed between a $2.1K low an hour prior to the announcement up to a $2.5K high in the next two hours. Meanwhile, its trading volume peaked from $17 billion to $35 billion within this span.

By Monday morning, ETH had already undergone correction at $2.4K. Nevertheless, its trading volume continued accumulating by 168% in the last 24 hours to $38 billion, while its market cap hovered around $291 billion.

XRP locked the third place in the market cap rankings as it returned to around $160 billion this morning. The token’s trading volume displayed a tremendous rise to roughly 500% at $19 billion.

The XRP tokens’ prices went from a $2.22 low an hour before the US president’s important social media post to nearly $3 after his statement. By morning, values settled by $2.72, but the hype has brought renewed optimism that XRP may be on its way to ultimately overtaking its all-time high of $3.84 seven years ago and potentially flipping Ethereum’s overall value along the way.

Solana

SOL displayed the same bullish price action before and in the aftermath of Trump’s social media stunt. The token jumped from a $140 low to a $177 high at the height of the hype.

This morning, Solana has retraced its steps at $163, but its trading volume showed an astonishing increase of 367% in a day to $12 billion. Its progress led to a boost in its market cap to $83 billion.

Cardano

Trump’s surprise inclusion of Cardano propped the token’s price from a $0.64 low to a $1.13 high an hour before and after the major announcement. With it, ADA gained enough momentum to keep its price above the $1 range on the way to Monday morning.

Cardano’s trading volume rose by a whopping 1,500% in the last 24 hours as its market cap peaked by $40 billion within the event before settling at $35 billion this morning.

Giancarlo Perlas

Giancarlo is an economist by profession with a career spanning nearly two decades. His professional journey has seen him assume vital roles in various government and private organizations such as the Department of the Interior and Local Government (DILG), the National Economic and Development Authority (NEDA), Megaworld Corporation, and the China Banking Corporation in the Republic of the Philippines. In addition to his civic and corporate pursuits, his forward-thinking approach has led him to manage several prominent websites in the banking and finance sector, notably the Australia-based RateChoice, where he immersed himself in the world of emerging financial technologies and where he found particular interest in Bitcoin all the way back to 2013. Prior to his addition to Blockzeit’s dynamic team, he held an essential role as Project Manager for initiatives encompassing blockchain, stablecoin, mining, special economic zone development, and iGaming. This noteworthy chapter in his career unfolded under the auspices of InPlan Consultancy Services, Inc., the think-tank of IMPERO Consortium Management Corporation headquartered in Manila, Philippines, and Tokyo, Japan. InPlan, led by a distinguished retired Cabinet member of the Philippines, collaborates directly with IMPERO's core management team, contributing to strategic planning and business development endeavors.