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CoinGape 2025-03-03 05:02:32

Crypto Market Today (March 3): BTC & Altcoins Pump Hard Amid Trump’s Crypto Reserve Backing

The crypto market today (March 3) has reignited bullish sentiments among traders and investors globally. Bitcoin (BTC) price tapped a $95K high intraday, whereas Ethereum (ETH), Solana (SOL), & XRP prices gained 9%-25%. Notably, the broader bullish action comes amid U.S. President Donald Trump’s recent backing for a strategic crypto reserve that includes XRP, SOL, and ADA. Crypto Market Today: BTC, ETH, XRP, & SOL Jump Amid Trump’s Crypto Reserve Saga The global crypto market cap rose substantially by over 8% in the past 24 hours, regaining a break above $3 trillion. Further, the total market volume also skyshot 141% over the past day, reaching $185.95 billion. Intriguingly, the broader market shows bullish actions primarily as the pro-crypto president is backing a crypto reserve in the U.S. As per a recent Forbes report , a crypto strategic reserve that includes XRP, SOL, and ADA is eagerly awaited nationwide, as indicated by Trump. Notably, this event emerged as potential buy-the-dip news for investors. BTC Touches $95K High As of press time, BTC price gained over 8% and exchanged hands at $92,759. The flagship coin hit a 24-hour low and high of $85,040.21 and $95,043.44 in the past 24 hours. Notably, BTC futures OI surged 7% to $54.74 billion today, signaling renewed market interest in the coin that triggered a bullish action. Nevertheless, Bitcoin’s dominance was down by 0.3% over the day, indicating altcoins gained harder. ETH Price Jumps 10% ETH price soared over 10% in the past 24 hours and closed in at $2,446. The coin hit a bottom and peak of $2,175.32 and $2,548.81 in the past 24 hours. Ethereum rises alongside a 6% surge in its futures OI to $21.17 billion, underscoring rising market interest. Nevertheless, Ethereum’s market dominance remained down to 9.6%. XRP Price Shoots Up 24% Ripple’s XRP led the broader market gains today, rallying 24% to $2.79. The coin’s intraday low and high were $2.23 and $2.97, respectively. XRP futures OI soared 38% over the day, reaching $4.33 billion. Overall, Ripple’s coin leverages renewed market interest amid Donald Trump’s crypto reserve backing. SOL Price Rockets 18% Simultaneously, SOL price witnessed an 18% uptick in the past 24 hours, closing in at $170 in sync with broader trends. The coin hit a bottom and a peak of $140.30 and $178.63 in the past 24 hours. Solana futures OI gained over 14% in a day, reaching $5.01 billion. Meme Crypto Market Reflects Bullishness Dogecoin (DOGE) price was up by 10% in the past 24 hours, trading at $0.2272. Also, Shiba Inu (SHIB) price followed, up nearly 6% to $0.00001451. Pepe Coin (PEPE) price sky shot nearly 10% to reach $0.000008508. Top Crypto Market Gainers Today Cardano (ADA) Price: $1.05 24-Hour Gains: +59% Onyxcoin (XCN) Price: $0.01982 24-Hour Gains: +26% Cronos (CRO) Price: $0.09035 24-Hour Gains: +22% Top Crypto Market Losers Today Maker (MKR) Price: $1,524 24-Hour Loss: -6% Celestia (TIA) Price: $3.97 24-Hour Loss: -5% Berachain (BERA) Price: $8.24 24-Hour Loss: -1% In conclusion, the broader market mirrors a bullish action primarily as the pro-crypto U.S. President revealed plans for a strategic crypto reserve, including SOL, ADA, and XRP. Traders and investors continue to anticipate further gains, given the market sees such a feat moving ahead. The post Crypto Market Today (March 3): BTC & Altcoins Pump Hard Amid Trump’s Crypto Reserve Backing appeared first on CoinGape .

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