Market Update

Bitcoin jumps to 93 thousand dollars where XRP ‘flip

Bitcoin (BTCHe approached $ 93,000 on March 2, when US President Donald Trump doubled in a strategic encryption reserve.

BTC/USD scheme for one day. Source: CointeleGRAPH/TradingView

“I love Bitcoin and Ethereum!” Trump writes Trump.

Data from Cointelegraph Markets Pro and Tradingvief Show BTC/USD gaining 8 % in rare weekend fluctuations.

Trump It ignited an encrypted storm In the weekly closure after the posts on Truth Social referred to the encryption reserve that will include BTC, Ether (Eth) And Altcoins.

After the beginning in the beginning only xrp (Xrp), Solana (TellerCardano (LeadThe President’s account added plans to additional symbols.

“It is clear that BTC and ETH, like other cryptocurrencies, will be at the heart of the reserve,” and he mentioned in A. Last.

“I also love bitcoin and ethereum!”

Source: Social Truth

Thus, the liquidity of the low -weekend request guaranteed rapid gains across the encryption markets, as BTC/USD amounted to approximately $ 92,000 on BITSTAP.

“Market changes occur when no one expect Respond On x.

“The last accident, and perhaps the biggest manipulation ever for people, runs large positions at $ BTC and $ ETH. The bottom part is low in Altcoins. The final easy cycle started.”

Source: Lookonchain/X

Thus, running to local heights has closed the upper trend by 17 % against the Multim the bottom of $ 78,000, seen just two days ago.

As part of volatility, XRP enables Override ETH with fully diluted evaluation (FDV).

“This is what Crypto was waiting for,” Kobeissi message trading supplier Add In part of his reaction.

93,500 dollars BTC Restoring price is still the key

The famous trader and analyst Rekt Capital classified diving into $ 78,000 as a “negative deviation”.

Related to: When will the price of bitcoin be down?

like Cointelegraph mentionedThese deviation events have classified the previous Bitcoin Bull markets.

“Bitcoin has almost regained its negative deviation,” Rekt Capital books In a new analysis post.

“The price needs to be closed weekly above the accumulation range of $ 93500 to restore the range. Bitcoin is only +2 % of doing so.”

BTC/USD 1 week. Source: Rekt Capital/X.

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.