Sunday (March 2) night at 11:24 pm, Trump suddenly posted on Truthsocial, stating that he will instruct the Presidential Task Force to advance a cryptocurrency strategic reserve, including XRP, SOL and ADA, driving the overall cryptocurrency market to surge: "The U.S. cryptocurrency reserve will be enhanced in this critical industry after years of corrupt attacks by the Biden administration, which is why my 'Digital Asset Executive Order' instructs the Presidential Task Force to advance a cryptocurrency strategic reserve including XRP, SOL and ADA. I will ensure that the U.S. becomes the world's cryptocurrency capital. We are making America great again!" About an hour and a half later, Trump supplemented that Bitcoin and Ethereum will also become the core of the reserve: "Clearly, BTC, ETH and other valuable cryptocurrencies will also become the core of the reserve. I also like Bitcoin and Ethereum!" The effect of Trump's announcement was quite remarkable, with Bitcoin surging from $85,000 to nearly $95,000 in a single night, reaching a high of around 2am. As of the time of writing, it has retreated slightly, currently trading at $92,726, up 7.6% in the last 24 hours. The price increases of the other cryptocurrencies mentioned were even more impressive: - ETH is currently at 2453 USDT, up 10.89% in 24 hours; - XRP is currently at 2.8 USDT, up 27.39% in 24 hours; - SOL is currently at 172.95 USDT, up 19.79% in 24 hours; - ADA is currently at 1.06 USDT, up 61.8% in 24 hours. The White House announced last Friday that it will host the first White House Cryptocurrency Summit on the 7th, where Trump will deliver a speech, and attendees will include well-known founders, CEOs and investors in the cryptocurrency industry, as well as members of the President's Digital Assets Working Group. More details will be revealed at the summit.