Bitcoin Surges 9.5% after Trump Announces Strategic Crypto Reserve

Bitcoin's price experienced a significant rise of 9.5%, jumping from approximately $84,100 to over $94,000, following President Donald Trump's announcement that Bitcoin and four other cryptocurrencies—Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA)—would be included in the U.S. strategic crypto reserve. This surge led to a gap-up opening for March futures listed on the CME, starting at $95,000, marking an increase from Friday's closing price. The resulting trading dynamics suggest a bullish sentiment in the market, particularly after a recent sell-off. However, the presence of a non-traded zone indicates that traders may reassess prices to establish equilibrium, which could lead to future fluctuations.