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Market Cap
24h Vol
13070
Cryptocurrencies
60.26%
Bitcoin Share
CoinDesk 2025-03-02 17:36:00

Bitcoin's Surge After Trump's Crypto Reserve News Showing Signs of Sustainable Bullish Run

Bitcoin's Surge After Trump's Crypto Reserve News Showing Signs of Sustainable Bullish Run

Bitcoin (BTC) has surged 7% in the past hour, crossing $92,000 after Donald Trump announced that the U.S. will move forward with establishing a strategic crypto strategic reserve . The price is now up 15% from recent lows of $78,000. Data indicates this rally is driven by spot demand rather than speculation, signaling a healthy, organic move. Spot Cumulative Volume Delta (CVD) shows buyers as the aggressors, with over $200 million in spot inflows in the past hour. Meanwhile, futures open interest has declined, reinforcing that this surge is fueled by real buying rather than leveraged speculation. Read more: Bitcoin Jumps Above $91K After Trump's U.S. Crypto Reserve News Brings Bulls Back

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Market Cap
24h Vol
60.26%
Bitcoin Share
512
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