Cardano (ADA) surged more than 47% in the past 24 hours, making it the only cryptocurrency among the top 10 by market capitalization to post positive monthly gains after U.S. President Donald Trump said it would be part of a “strategic crypto reserve.
The price of bitcoin also rises by 10%. The President of the United States, Donald Trump, has once again boosted the cryptocurrency market by announcing that he will include Cardano, Solana, and Ripple in the future strategic reserve of crypto assets.
President Donald Trump's comments over the weekend about a U.S. strategic crypto reserve led to extreme volatility in the sector with many cryptocurrencies surging following the news and then pulling back this morning.
Plenty of questions remain about President Donald Trump's plan for a US crypto reserve that would include bitcoin, ether, XRP, sol, and ada.