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Cryptocurrency News Articles
Bitcoin (BTC) price plummets, but US President Donald Trump's announcement of a strategic crypto reserve sends the market roaring back to life
Mar 03, 2025 at 09:36 pm
If you checked on the crypto market on Friday, you’ll have witnessed a bloodbath. Bitcoin plummeted, falling to below $80K at some points.
As Friday drew to a close, those checking on the crypto market will have witnessed a sight of woe. Bitcoin (BTC) plummeted, falling to below $80K at some points.
But by this morning, everything had changed. US President Donald Trump’s announcement of a strategic crypto reserve to include $BTC, $ETH, and various altcoins – including XRP, up over 4% over the past week, and SOL, up 11% on the day – sent the market roaring back to life.
Is this the time to invest early in key new cryptos like Best Wallet token? Let’s take a closer look.
Bull Run Cycle Inbound, Could Last Till 2026
Raoul Pal thinks the crypto market is about to embark on a bull run cycle similar to the famous one of 2017, where the market spiked, experienced a short drawback, and then spiked again.
If he’s correct, then even the mini bust-to-boom cycle of the past weekend only reinforces how strong the initial part of the bull run could be.
In fact, Pal doesn’t think the bull run has properly started yet; he pegs it as starting in March and lasting through June. Pal estimates that the market will cool slightly in the summer before heating up again with another run heading into 2026.
Experts like Pal point to several critical factors behind an extended bull run:
• DeFi protocols continue to develop new and interesting financial products, expanding the possibilities within crypto.
• Institutions like pension funds and family offices are increasingly allocating assets to digital assets.
•是对crypto derivatives trading volumes are also rising, indicating greater institutional interest and participation in the market.
With big-name institutions like Citadel Securities flocking into crypto, any potential bull run has more money and liquidity to draw on. That’s more fuel for the fire, and just one of the reasons Pal and others are optimistic about the current cycle.
But which cryptos will be able to take advantage of the bull run? Will it be a meme coin that captures the zeitgeist of the moment? Or will a token with more utility seize the day?
Can Best Wallet Token Take Advantage of the Uptick?
Best Wallet Token provides genuine utility for a web3 wallet poised to capture 40% of the $11B non-custodial wallet segment by 2026. Best Wallet looks set to be a market leader and the only crypto wallet targeted towards crypto presales.
Best Wallet Token ($BEST) will play a key role in accelerating the wallet’s uptake, offering holders:
• Smoother and earlier access to Best Wallet’s handpicked list of crypto presales, a fantastic opportunity to get in on the ground floor of tomorrow’s big crypto winners.
Visit the $BEST presale today, and learn more about how to buy Best Wallet Token.
Trump Punts US Crypto Reserve, Setting Stage for $BEST
Bitcoin’s rally was fueled by Trump’s announcement of a U.S. strategic crypto reserve yesterday. The US president has expanded his vision for the reserve, which was first raised as a campaign talking point back in 2024 as a ‘Bitcoin Reserve.’
That could set the stage for a market-cap-weighted index of cryptocurrencies to be included in the Crypto Reserve. And that, in turn, means any crypto that performs well enough could someday be part of the reserve – even $BEST.
In the meantime, the National Crypto Reserve could be the catalyst for the months-long bull run Pal and others are looking for. And with an upcoming crypto summit planned for later in the week, more information should provide more market momentum.
Incoming Bull Run Boosts New and Established Tokens
With the market set for big gains, both established tokens and new crypto like $BEST are primed for rapid growth.
Don’t take our word for it; as always, do your own research to make sure you have all the information you need before you invest.
Even so, now looks like a good time to invest early before the bull run cycle fully takes off.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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