India, March 3 -- U.S. President Donald Trump's announcement regarding the creation of a Crypto Strategic Reserve with Bitcoin and few other altcoins dramatically boosted sentiment in the cryptocurrency markets. The Dollar's decline also helped cryptocurrencies, that recorded gains of more than 8 percent in the past 24 hours.
Crypto market capitalization touched a high of $3.12 trillion. It is currently at $3.07 trillion implying an overnight addition of 8.5 percent. More than 80 percent of the top 100 cryptocurrencies are trading with overnight gains of more than a percent. More than 18 percent of the top 100 cryptocurrencies are trading with overnight gains of more than ten percent.
While Bitcoin gained 9 percent and Ethereum added arou...