His initial post left investors guessing why Bitcoin, the dominant cryptocurrency, wasn’t mentioned. But just an hour later, Trump added to his post, “And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be the heart of the Reserve. I also love Bitcoin and Ethereum!” Bitcoin’s market cap surged over 8% and was trading above $93k price level on Monday morning (IST). Whereas, Ethereum surpassed the $2,500 price level alongside a 10% rise in overall market cap. XRP and ADA witnessed a much stronger rise, surging over 24% and 58%, respectively, according to CoinMarketCap data.
