Donald Trump lit a spark under cryptocurrency prices when he said the US was looking into building a strategic reserve of digital assets.
Bitcoin jumped as much as 10 per cent, reversing a month of declines, after the US president made his announcement on his Truth Social social network on Sunday.
But it was his namechecking of lesser-known coins XRP, solana and cardano for inclusion in the potential reserve that fuelled the biggest gains, with Ada — which represents the cardano blockchain — soaring 71 per cent.
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