Crypto Market in Profit after Donald Trump Strategic Crypto Reserve Announcement, Bitcoin Price more than usd 91,700, Eather Gains 5 Percent

The decline in Crypto Market has stopped on Monday for the last few weeks. The US President Donald Trump’s announcement of Crypto’s creation of a strategic reserve is enthusiastic in this market. The biggest cryptocurrency Bitcoin had a profit of about seven percent in terms of market value. Last week, the price of this most popular cryptocurrency fell to about $ 80,020.

International Crypto Exchange after this report is published Binance But the price of bitcoin rose by more than 6.80 percent to about $ 91,767. The second largest cryptocurrency Ether had a profit of about five percent. The Ether’s price was trading at $ 2,326. Other fast -fasting cryptocurrency included avalanche, chainlink, solana, litecoin, cardano and tron. In the last one day, Crypto’s market capitalization increased by more than eight percent to about 3.06 million million dollars.

Market Analysts say that Trump has recovered in the market with the announcement of Crypto’s creation to create a strategic reserve. However, macro economic signs remain weak. The Crypto market is leading a big change in political conditions and financial signs. Economist Peter Schiff, who has a strict view of bitcoin, has also shown a positive attitude towards this cryptocurrency.

Last month, hackers broke into the system of Bybit Crypto Exchange. The cryptocurrency of about $ 1.5 billion was stolen in this hacking. This is called the biggest theft of cryptocurrency. The US Federal Bureau of Investigation (FBI) has reported that it consisted of North Korea hackers. The FBI has asked the crypto firms to help block the stolen funds. The investigating agency has stated that North Korea’s hackers are using the ‘Tradertraitor’ activity to convert stolen funds to other crypto tokons. With this, Crypto Tokans are being transferred to thousands of wallets. Along with this, FBI has also released a list of several ethereum wallet addresses, including some part of the stolen cryptocurrency. These crypto wallet addresses are associated with North Korea’s hackers. The case of hacking had a major impact on the crypto market.