Bitcoin Reestablishes Uptrend; ADA, MIN, SNEK, and KET Experience Over 40% Appreciation

Bitcoin price reached an intraday high of $95,152 on Sunday, as BTC was boosted by an announcement by US President Donald Trump regarding the creation of a Strategic Cryptocurrency Reserve. At press time, BTC price was trading at $2, up 92.934,77% in the last 8.5 hours.



The news sparked widespread optimism across the digital asset market, following the initial inclusion of cryptocurrencies such as XRP, which peaked at $2.95. Solana (SOL) saw a significant surge to $170.00, while Cardano (ADA) peaked at $1.17, marking a nearly 70% increase. This positive move came at a crucial time, boosting confidence in a market that had been experiencing declines in the previous days.
Despite a strong rally, BTC is now stable around $93,000. Traders are currently assessing the long-term consequences of this new policy while observing a reduction in regulatory tensions and an increase in institutional interest. Bitcoin’s future trajectory appears to depend heavily on key technical factors and upcoming political moves.
The cryptocurrency market witnessed a significant bounce after days of stagnant prices. Bitcoin, which had been going through a turbulent week, plunging from $96,000 to $78,000, recovered robustly after billions of dollars in highly leveraged positions were unloaded. The weekend began with Bitcoin holding steady between $84,000 and $86,000 until a new statement from Trump on the crypto reserves sent the market soaring.
Altcoins bullish today
Among the altcoins, the highlight was the coins of the Cardano network, such as Minswap (MIN), which rose to US$0.03885, with an appreciation of more than 50%. The meme cryptocurrency SNEK reached US$0.004686, registering an increase of more than 40% on the day.
While Dogecoin (DOGE) approached $0.22, other altcoins like LINK and Avalanches (AVAX) also recorded substantial gains. Another cryptocurrency that rose again was the memecoin KET of the Avalanche network, which, after falling to $0.24, returned to around $0.40, with a rise of almost 30%. The new addition to the market in recent weeks, PiNetwork, after peaking near $3.00, spent almost 5 days in price correction and is now trading near $1.74, up 1%.
However, it was not the same scenario for Binance Coin (BNB) and Litecoin (LTC), which posted modest losses, likely due to the lack of mention in Trump’s announcement.