this post was submitted on 03 Mar 2025
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Bitcoin jumps 20% after Trump hints at new strategic reserve (www.reuters.com)
submitted 6 days ago by CityPop to c/world@quokk.au
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SINGAPORE, March 3 (Reuters) - Bitcoin surged more than 20% from last week's lows on Monday and several other cryptocurrencies also rallied sharply after U.S. President Donald Trump raised the possibility of a new U.S. strategic reserve that would include a range of tokens.

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[โ€“] Darkard@lemmy.world 29 points 6 days ago (1 children)

Another crypto pump and dump. I wonder how many billions the techbros will gain from this blatant manipulation this time.

[โ€“] Tikiporch@lemmy.world 4 points 6 days ago

Bingo. It fell pretty drastically last week, now it's back up... YTD it's about even on price with a bunch of sharp dips here and there.