The altcoins experienced a price decline despite initial excitement over their mention in Trump’s crypto reserve plans.
At the time of publication, XRP, SOL, and ADA had declined by 2%, 1%, and 5%, respectively, on the daily chart.
XRP, Solana, and Cardano, the three altcoins among the
cryptocurrencies that Trump announced as part of a new US strategic reserve of
cryptocurrencies, are facing a downward momentum despite an earlier excitement. The US President has announced a Bitcoin Strategic
Reserve, excluding major altcoins like XRP, Solana (SOL), and Cardano (ADA).
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According to CoinMarketCap, XRP, SOL, and ADA traded for $2.53, $146, and $0.8831, respectively, at the time of publication. The prices represent a 2% and 5% decline in the daily price chart, respectively.
XRP, Solana, Cardano, Source: CoinMarketCap
The latest move by the US administration triggered a sharp sell-off, wiping out recent
bullish momentum. The crypto market, which had anticipated a diversified
reserve, now faces uncertainty as traders look toward the upcoming White House
Crypto Summit. At the time of publication, the global market valuation was down
1.45% to $2.93 trillion, according to CoinMarketCap.
Over the past 24 hours, XRP, Solana, and ADA reversed gains from earlier optimism that a broader set of tokens
would receive government backing. Bitcoin itself was not immune, dipping 1%
from a 24-hour high of over $93,000 to around $88,000.
Meanwhile, Dogecoin had briefly surged earlier in the week
following the New York Stock Exchange Arca’s filing for a DOGE exchange-traded
fund (ETF) from Bitwise, Coindesk reported. Some traders had speculated that DOGE might be
included in Trump’s strategic reserve, fueling a more than 10% price jump. However, with
no official inclusion in the reserve, those gains quickly faded, and DOGE
joined other altcoins in a sharp decline.
The market is rattled, and attention now turns to the White
House Crypto Summit scheduled for March 7. However, expectations remain low. Despite
skepticism, some market participants see potential surprises.
XRP, Source: CoinMarketCap
Trump’s Crypto Reserve Move Marks Policy Shift
Trump’s social media post earlier this week naming
Bitcoin, Ethereum, XRP, Solana, and Cardano as part of the reserve had
initially spurred market optimism. However, his later clarification that only Bitcoin
would receive active government backing while other assets would be limited to
seized holdings dampened enthusiasm.
For now, crypto traders are adjusting their strategies
amid continued volatility. While Bitcoin remains the central focus of Trump’s
reserve plan, altcoins struggle to regain momentum.
All eyes are now on the White House Crypto Summit for
any unexpected policy shifts that could restore investor confidence. Until
then, the market remains on edge, with traders wary of further downside risks.
XRP, Solana, and Cardano, the three altcoins among the
cryptocurrencies that Trump announced as part of a new US strategic reserve of
cryptocurrencies, are facing a downward momentum despite an earlier excitement. The US President has announced a Bitcoin Strategic
Reserve, excluding major altcoins like XRP, Solana (SOL), and Cardano (ADA).
This above is an advertisement by Utip
According to CoinMarketCap, XRP, SOL, and ADA traded for $2.53, $146, and $0.8831, respectively, at the time of publication. The prices represent a 2% and 5% decline in the daily price chart, respectively.
XRP, Solana, Cardano, Source: CoinMarketCap
The latest move by the US administration triggered a sharp sell-off, wiping out recent
bullish momentum. The crypto market, which had anticipated a diversified
reserve, now faces uncertainty as traders look toward the upcoming White House
Crypto Summit. At the time of publication, the global market valuation was down
1.45% to $2.93 trillion, according to CoinMarketCap.
Over the past 24 hours, XRP, Solana, and ADA reversed gains from earlier optimism that a broader set of tokens
would receive government backing. Bitcoin itself was not immune, dipping 1%
from a 24-hour high of over $93,000 to around $88,000.
Meanwhile, Dogecoin had briefly surged earlier in the week
following the New York Stock Exchange Arca’s filing for a DOGE exchange-traded
fund (ETF) from Bitwise, Coindesk reported. Some traders had speculated that DOGE might be
included in Trump’s strategic reserve, fueling a more than 10% price jump. However, with
no official inclusion in the reserve, those gains quickly faded, and DOGE
joined other altcoins in a sharp decline.
The market is rattled, and attention now turns to the White
House Crypto Summit scheduled for March 7. However, expectations remain low. Despite
skepticism, some market participants see potential surprises.
XRP, Source: CoinMarketCap
Trump’s Crypto Reserve Move Marks Policy Shift
Trump’s social media post earlier this week naming
Bitcoin, Ethereum, XRP, Solana, and Cardano as part of the reserve had
initially spurred market optimism. However, his later clarification that only Bitcoin
would receive active government backing while other assets would be limited to
seized holdings dampened enthusiasm.
For now, crypto traders are adjusting their strategies
amid continued volatility. While Bitcoin remains the central focus of Trump’s
reserve plan, altcoins struggle to regain momentum.
All eyes are now on the White House Crypto Summit for
any unexpected policy shifts that could restore investor confidence. Until
then, the market remains on edge, with traders wary of further downside risks.
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
