How the crypto market reacted to Trump’s strategic reserve move

US President Donald Trump’s announcement of a “Crypto Strategic Reserve” has energized the digital asset market, with Bitcoin surging over 10% to nearly $93,000. The proposed reserve, which will include Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA), has sparked discussions about its impact on global crypto adoption, investor sentiment, and regulatory approaches.

The crypto market responded immediately to the news, with Bitcoin rebounding from a 120-day low of $78,200 to over $90,000. Ethereum and other altcoins included in the reserve also posted strong gains, reflecting optimism over potential government-backed adoption. Market analysts suggest that institutional investors are closely monitoring the development, with expectations of increased capital inflows in the coming months.

Industry experts react:

Ashish Singhal, Co-founder, CoinSwitchThe golden age of crypto is here, and the world is taking notice. With the U.S. spearheading a Strategic Crypto Reserve, we could be on the brink of a global accumulation race—one that could push regulatory clarity forward and accelerate Web3 innovation. India stands at a crucial crossroads. To lead the next wave of blockchain-driven transformation, we must act now, embracing progressive policies and positioning ourselves as a hub for decentralization.

Pankaj Balani, CEO and Co-founder, Delta Exchange

This is a big positive for the crypto sector as it will open doors for systematic strategic capital. Bitcoin jumped over 10% within hours of the announcement. Given the strides the U.S. is making, we expect further inflows into crypto markets, pushing prices higher. More governments may follow, and we could see similar announcements from the Middle East and Europe soon. India should also view crypto as an opportunity to create jobs and tax revenue while preventing capital outflows.

Shivam Thakral, CEO, BuyUcoin

Bitcoin’s surge past $90,000 highlights the market’s strong momentum. The establishment of the U.S. Crypto Strategic Reserve and increasing institutional adoption signal a shift toward mainstream acceptance. With the upcoming White House crypto summit on March 7th, we anticipate further bullish trends and growing investor participation.

Sathvik Vishwanath, Co-Founder & CEO, Unocoin

Bitcoin’s price action reflects a mix of macroeconomic uncertainty and institutional demand. With Trump’s election odds rising, optimism in the crypto market is soaring. If BTC holds support above $88,000, a breakout past $100,000 is possible, with some analysts eyeing a $150,000 rally in March.

Raj Karkara, COO, ZebPay

Trump’s announcement of a U.S. Crypto Strategic Reserve is a landmark move. This reserve comprising Bitcoin, Ethereum, XRP, Solana, and Cardano which are fundamentally robust assets is a welcome sign for the industry. These networks are battle-tested, offering security, scalability, and innovation that drive the digital economy forward. This reserve not only adds credibility to crypto but also sets a precedent for other nations to fast-track regulations and embrace digital assets responsibly.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)