market sees a sharp rise after Trump’s latest announcement

So, Trump just dropped a tweet and XRP shot up from $2.2 to $2.76 in under an hour. Even Bitcoin jumped from around $85,200 to $89k. I'm curious if this sudden spike is really linked to that tweet from back on February 28, or is there something else at play pushing these prices up? And it doesn't stop there, prices are still climbing. Where do you guys think XRP and Bitcoin are heading next?

It's interesting that there's not a single mention of Bitcoin. I wonder why?

It's the news Bitcoin and Ethereum has been confirmed to be at the centre of the strategic reserve With this other countries would start pouring in Trump used tariff war to reduce the price of Bitcoin Got some corns on discount And air the news to watch his wealth soar. He did. He waited for dramatic effect.

It's also funny how he mentioned XRP first. Probably that was the project that gave most of the financial support for the election. I guess he was even reminded to mention Bitcoin.

The prices are headed where they should be, it has been a long time waiting for the market to recover and continue its uptrend. The market will eventually react to the news because that’s how much the influence of Donald Trump can affect the market and we see a lot of changes that will make bitcoin been hold for a longer time past when some decide to sell them off. A strategic reserve is sure going to happen and this coins don’t look like going to fade away but will hold its resistance much better than it has done in the past. Political influence indeed has a huge effect on the cryptocurrency market.

LOL, so he mentioned Bitcoin just an hour after releasing his initial statement, he definitely knows what he’s doing. It’s like his every move is calculated with a businessman and investor’s mindset. If he really intended to include Bitcoin from the start, he could have just mentioned it in his first statement. But no, he chose to build up the hype first. Gotta hand it to him, he knows exactly how to excite the crowd.

Businessman first, Lol, yeah he did mentioned Bitcoin late but he knows how to build the tension and the hype and then he announced it. And it trigger another FOMO in the market as we have seen it goes as high as $95k. But still, the hype should have push the price to $100k right? So maybe there are personalities again who might have "insider information", Sunday statement everyone might be caught off guard but those who knows prior is ready and make a big profit.

We’re gonna hit that price today (hopefully!) . Bitcoin is looking a bit stable, but it needs another push, and Trump’s announcement alone deserves to have Bitcoin sitting at $100K again. With the crypto conference coming up, I’m sure that’ll be one of the topics Trump will discuss, and with big investors likely attending, we might see institutional investors jumping in and creating their own version of a crypto reserve. This could be the start of something huge.  TDM!!

I sure hope for that, but I see the bounce back to where we were more likely than that if there is no follow-up that you mentioned. After all, these candles that led to this price are clear games of the sentiment inside people's minds..

I am just a sole bitcoin investor. I don't care about if the US is the capital to junction bitcoin. I am only interested to whichever source that will elevate the valuability of bitcoin and so those hodling for profits can as well achieve the benefiter. For the Donald Trump having to make this long time proposal on bitcoin a done deal comes a high recognition of earning appreciable profile. Already this news has created admirable impact on bitcoin hovering over the market in the recent days

Idk, but it definitely sounds like it's caused by this. And the market just responded to the positive buyins that it had hence why we're still experiencing increases (currently 93k) even now. Honestly expected to stay at 80k ish for a few weeks, missed some buyins man. From what I heard, there were quite a bit of people looking for mentions of BTC hence why the tweet was mentioned or something lol. Kinda hilarious if it was since it'd mean Bitcoin wasn't exactly the main goal or center here but hey, it's what the people want. Or as others have said, traffic but eh, whatever.

He later mentioned bitcoin and ethereum, I was surprised too when I saw the post on X, I wondered why he did not mention bitcoin meanwhile he was advocating for bitcoin and not those altcoins that he first listed. He spoke on how to use bitcoin for federal reserve but mentioned altcoins first before bitcoin. Bad.

With the announcement from Trump bitcoin did not break $100K it is back below $90K at the moment this news boost is short lived! We hope the future is more positive again, honestly seeing the market quite stagnant for a long time after Trump did not talk about strategic reserves anymore, after that was announced BOOMm the price went back up. If Trump continues to push then instutionals will join in and they may be heavily involved in bitcoin.

Yeah, and it's back to $85k again, Lol, so much for the FOMO about Bitcoin and other crypto to be the USA national reserve. On the other hand, it looks like there is manipulation from behind? It's because after that surge, the price did decline. In any case, it doesn't have that momentum that we have like when the price goes to $109k as our new all time high. So we might as well wait for another positive news, or if there are proof that the US has indeed bought a lot of crypto and make it their reserve and so before that, this is just a announcement for most investors and again, there could be some entities who manipulate the price.

He mentioned it in the reply. It is impossible that Bitcoin won't be among the crypto reserve. He said Bitcoin and Ethereum will be the priority on the crypto reserve. Trump isn't like the newbie who doesn't know well crypto, he knows crypto very well. Since the beginning, I'm very sure Trump has planned to prioritize Bitcoin and Ethereum as the main coin for crypto reserve. Read please: https://www.reuters.com/world/us/trump-says-cryptocurrency-strategic-reserve-includes-xrp-sol-ada-2025-03-02/ It is not a very surprising thing. We have experienced this many times. When there is a FOMO, it will last in a short time only. However, if Trump keeps his statement for the crypto reserve, I'm very sure Bitcoin price will grow up again in the long run. It is just a temporary decline, mate. We don't need to feel so worried!!

Donald Trump has become the first United States president influencer of Bitcoin because what just happened two days ago till today is something nobody expected because to an extent we were beginning to think that Donald Trump has betrayed the cryptocurrency community because we were not seeing what was envisioned by him. So is good it wasn't a lie from him to get people into helping him win the election, so actually Bitcoin is no more $79k down and it could break the $100k since the force is very strong, but with how falling Bitcoin was doing it could have actually continue if not for this sudden news. XRP is benefiting from this news because since it was from Donald Trump a lot of people will make it their diversification because they will be aiming for $3 price.

Not surprising at all. You need to watch the timing of the pumps. It started before Trumps announcement = insider trading. Most likely people close to him knew he was going to say that. Would not be surprised if Eric Trump had his leverages set up before his Dad came up with this fabulous idea to include shitcoins like XRP in the reserve. When the street came in with their leveraged positions above 90k the insiders dumped on them and liquidated. It was a normal market manipulation. They do the same thing on gold and they did it with their meme coins. There was no real institutional money in this because institutions don't react to tweets and they don't work on Sundays. It was dumb money, the street and insiders who played them like a fiddle.

Obviously this is like FOMO as bitcoin goes back to the base price... hmm manipulation? I'm thinking that way but won't dwell on it too much. Positive news doesn't guarantee it will keep going up... in fact, it may even reverse. Maybe the entity wants an entry at the bottom? But I don't think this is something that must be bought now, because Trump will definitely announce again about the reserve strategy for the US in the future.

As per checking, the price pulls back to $86k while typing this. There is now, all of a sudden, a pull off. So, I am seeing that the lowest for a 24-hour chart is $85k. Well, I thought that it would stay above $90k already but it's not yet there. Another FOMO is in the house and pure manipulation is certainly happening there. Those that were able to make some money, took some cash and probably waiting for another window for them to buy but us? we're just holding.

Funny enough, it could be true that he was reminded to mention bitcoin because if he hadn't, it could have also created doubt due to how he made most investors to believe that he will implement bitcoin strategic reserve during his campaign speeches and promises. Since he didn't mention bitcoin at first, am even thinking if at all he has bitcoin at heart because all i can see now is the market being manipulated. Is this how the market is going to suffer ups and down during his reign as the President of America?