New Delhi, March 2 -- The cryptocurrency market benchmark coin, Bitcoin, soared above $95,000 after Donald Trump announced setting up a huge US crypto reserve on Sunday, March 2, 2025.

Bitcoin price jumped above $94,000 as of Sunday evening, getting as high as $95,136, Invetsors Business Daily reported, compared to $85,166.29 levels at around 8:50 p.m. (IST), according to Coinmarketcap data. Ether, the second-largest cryptocurrency, was up about 13% at $2,516 on Sunday.

Markets jumped due to Donald Trump's announcement regarding a Crypto Strategic Reserve in the United States to boost America's crypto industry.

"U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is ...