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Bitcoin Price Soars After Inclusion in US Crypto Reserve

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03 Mar 2025 — 1 min read

Significant Rise in Bitcoin Spot Price as BTC Added to U.S. Crypto Reserve

Significant Rise in Bitcoin Spot Price

On Sunday, Bitcoin's spot price surged by 9.5%, reaching over $94,000 from its previous figure of around $84,100. This uptick followed the announcement by President Donald Trump, who included Bitcoin and four other cryptocurrencies – Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA) – in the U.S. strategic crypto reserve.

Impact on Futures Market

This announcement resulted in a gap-up opening for March futures listed on the CME. According to data obtained from the charting platform TradingView and CME, the contract saw an early rise, opening at $95,000 today, which is an increase of $9,280 compared to the previous Friday's high of $85,720.

Further Insights

An unidentified CEO has speculated that Bitcoin's price might ascend to $250,000 by 2025. This prediction is part of an ongoing conversation among industry experts and investors.

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