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Bitcoin up 20% as US announces crypto reserve

The New Indian Express Hubballi

|

March 04, 2025

Indian exchanges say announcement of crypto reserve to help Bitcoin touch $100k mark

- UMA KANNAN @ Bengaluru

WITH US President Donald Trump's announcement of a US strategic crypto reserve, Bitcoin has surged over 20% from the previous week's lows and was trading at above the $93,500 level on Monday.

Indian crypto exchanges say the announcement of the strategic crypto reserve, including tokens like Solana (SOL), XRP, Cardano (ADA), in addition to Bitcoin and Ethereum, has given bitcoin the strength for a decisive move towards $100k mark.

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