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Bitcoin surged more than 20% from last week's lows on Monday, along with several other cryptocurrencies that Trump said would be included in a new U.S. strategic reserve, Reuters reports .

Trump announced the creation of a strategic cryptocurrency reserve on the Truth Social social network. According to him, the reserve will include BTC, ETH, XRP, SOL, ADA.
The appearance of this news provoked a sharp increase in the aforementioned coins.

The White House leader also wrote that Bitcoin and Ethereum will form the basis of the cryptocurrency reserve.

Following the release, BTC has surged 20% from its November lows on Friday, as sentiment around the flagship cryptocurrency has improved sharply after falling since mid-January amid concerns that Trump has failed to deliver on his pledges to loosen regulations.

"Trump has given crypto traders the boost they've been waiting for," said Matt Simpson, senior market analyst at City Index.

"All the faith that was lost last week appears to have been restored," he said, and new highs could be achieved unless there is another wave of sell-off in risk assets.

Chris Weston, head of research at Australia's Pepperstone, said the rally could continue at Trump's first White House Crypto Summit on Friday.

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Bitcoin 's slide accelerated sharply on Friday, sending the price more than 25% back from its all-time high reached less than six weeks ago, Bloomberg reports.

The reason for the collapse is that traders sharply reversed bets that followed Trump's election.

The leading digital coin had fallen by 7.39% to $79,761 after hitting its lowest level since November 10 at $79,579. Other cryptocurrencies are also under heavy pressure: Ether has fallen by more than 10%, reaching December 2023 lows around $2,102. Smaller tokens Solana and XRP have fallen by 9.15% and 9.47%, respectively.

The sell-off reflects a sharp reversal in sentiment in digital assets, which peaked after Trump's election victory. Bitcoin hit an all-time high of $109,410 on January 19, ahead of Trump's inauguration, but has since retreated amid concerns about the president's hawkish stance and the outlook for the U.S. economy.

“Given the macroeconomic environment, it is not surprising that we are where we are,” said Bitgo’s Stefan von Haenisch.

Traders are still waiting for Trump, who is seen as a supporter of cryptocurrencies, to propose concrete steps for the sector, including a bitcoin reserve, he said.

The decline was part of a broader shift in sentiment among investors in Asia, who dumped stocks after Trump's latest comments on tariffs. The US president said 25% tariffs on Canada and Mexico would go into effect on March 4, while Chinese imports would be hit with an additional 10% duty. The MSCI AC Asia Pacific Index fell about 2%.

The bearish sentiment this week also affected US spot bitcoin ETFs, with investors pulling out more than $1 billion on Tuesday – the biggest one-day outflow since their launch last year.

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Pav Handal, chief analyst at Australian cryptocurrency exchange Swyftx, believes that despite the uncertainty in the market, March could be a strong month for Bitcoin .

According to him, the increase in the global money supply M2 will most likely become the key factor that will provoke a rapid increase in the quotes of the first cryptocurrency.

At the same time, the analyst noted that investors should not bet solely on one forecast now, since the situation can change very quickly.

However, the main scenario remains positive for digital gold , according to Handal. According to him, investors continue to be active in the spot market, and the US government has already raised the debt limit by $4 trillion.

Overall, the growth of the M2 money supply and the softening of regulatory policy in the US support the optimism of market participants. Due to this, we should expect an increase in the Bitcoin rate in the short and medium term, emphasized the chief analyst of the Swyftx crypto exchange.

Macroeconomic uncertainty and US President Donald Trump's policy of imposing tariffs on other countries have had a negative impact on Bitcoin prices. Based on this, Pav Khandal's forecast may be wrong.

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