Could Bitcoin Become America’s Next Strategic Reserve?
Good start to the week readers, this week at NuDEX we bring very interesting news and of course our protagonist of the year, President Trump, was back in the news with his statements. There is a lot to talk about so let’s go straight to the point traders.
1. Discussion between Trump and Zelensky: Impact on Crypto and Traditional Markets
This week there was a tense conversation between the President of the United States, Donald Trump, and the President of Ukraine, Volodymyr Zelensky, which quickly became a trend on social media. The discussion will go down in history as the first of its kind in the Oval Office, never before had a president of the United States thrown another president out of his house. This discussion generated uncertainty in the financial markets, causing a slight drop in the European and American stock indices and even a greater drop in cryptocurrencies. Investors, faced with the possibility of geopolitical tensions, opted for safe haven assets, which led to an increase in demand for sovereign bonds and gold, causing $BTC to fall.
Following the tense meeting with President Trump, the Ukrainian president stepped up his diplomatic efforts to bolster international support for Ukraine. He took part in a defence summit in London, hosted by British Prime Minister Keir Starmer, which was attended by leaders of several European nations. At the summit, he managed to gain the support of several European presidents and raise funds to maintain the defence of the war, putting the US and the EU in a position of difference of interest regarding the war, which may further stress the markets.
2. Federal Reserve Announcements and Market Reaction
On February 25, 2025, the US Federal Reserve (Fed) decided to keep interest rates in the range of 4.25% to 4.5%, in line with market expectations. This decision was interpreted as a sign of caution in the face of persistent inflationary pressures and an economy showing signs of slowing. Traditional markets reacted with moderate volatility; The S&P 500 index registered a slight drop of 0.1%, while the Nasdaq declined by 0.6%, also influenced by projections of tighter margins from technology companies such as Nvidia
In contrast, the cryptocurrency market experienced more pronounced volatility. Bitcoin, which had surpassed the $100,000 mark in early February, retreated below this threshold, reaching levels close to $78,000. Ethereum also registered a correction, settling around $2,000. This reaction is attributed to profit-taking by institutional investors and caution regarding the Fed’s monetary policy.
3. Trump’s announcement on cryptocurrencies as a national reserve
And this was the most important event of the past week because in the afternoon of Sunday, March 2, President Trump surprised the market by announcing his intention to integrate Bitcoin (BTC), Ethereum (ETH) and other cryptocurrencies into the national reserves of the United States. This unprecedented move seeks to diversify the country’s reserves and strategically position itself in the digital asset space. The reaction in the markets was immediate; Bitcoin experienced a 10% rally, breaking through the $90,000 barrier again, while Ethereum registered a 10% increase, reaching $2,500. Traditional markets were closed when this news broke and we will wait to see if they support the rise of cryptocurrencies over the course of Monday.
4 The First Cryptocurrency Summit at the White House
Another important event that motivated the rise on Sunday was the announcement by the President of the United States, Donald Trump, of the first Cryptocurrency Summit at the White House, scheduled for March 7, 2025 (surely these days we will see movement in cryptocurrencies as attendees and events of that day are confirmed). This event will bring together prominent founders, CEOs and investors from the digital asset sector, along with members of the Presidential Task Force on Digital Assets, led by David Sacks, recently appointed “czar of AI and cryptocurrencies” of the White House.
The agenda of the summit will focus on the development of a clear regulatory framework for cryptocurrencies (with special emphasis on stablecoins), the supervision of stablecoins and the possible integration of Bitcoin into the strategic reserves of the United States. (On our mastodon social network, we uploaded a table showing the process for each state to approve this cryptocurrency fund, we recommend you follow us there https://mastodon.social/@NuDEXtrading ) This move underlines the Trump administration’s ambition to position the country as a global leader in the cryptocurrency industry, also anticipating a personal benefit with its $TRUMP token.
5. Leveraged Operations in the Cryptocurrency Market
On March 1, a notable operation was recorded in the cryptocurrency market: an anonymous trader executed a 50x leveraged position in Bitcoin and Ethereum (it is believed that he had inside information on the events that were going to happen on Sunday). This high-risk strategy implies that any adverse movement in the price could result in the liquidation of the position (only a 1.5% movement in the price was enough to liquidate it). However, due to Trump’s announcement about integrating cryptocurrencies into national reserves, BTC and ETH prices increased by 10%, (coins like $ADA rose by almost 80% $SOL by 30%) which potentially resulted in substantial profits for the trader.
As a curious fact, the president’s post on X came out when the price was only $50 away from liquidating the mysterious trader.
6. Upcoming Token Launches and Updates in the Blockchain Sector
The advances and updates do not stop in our sector.
Token Launches: The launch of several tokens is anticipated in the coming weeks, focused on sectors such as decentralized finance (DeFi), non-fungible tokens (NFTs) and scalability solutions. These launches could attract the attention of investors and developers with the support of, driving innovation in the crypto ecosystem, for now we are not going to share names or specific dates, because this is an invitation to stay connected to our weekly news and we will give you information little by little so that you can take advantage of your trades.
Network Updates: Ethereum plans to implement a significant update called “Serenity”, which seeks to improve the scalability and efficiency of the network. For its part, Solana continues its expansion in the DeFi space, surpassing Ethereum in decentralized exchange (DEX) volume since October 2024, which is no minor fact, we already know that much of the liquidity has been configured around Solana’s meme cpins and the trend does not seem to diminish.
Main Winning Cryptocurrencies:
Cardano (ADA): Increase of 50.87%, reaching a price of $0.9968 with a volume of $10,917,486,173.
Onyxcoin (XCN): Up 26.81%, trading at $0.01931 with volume of $321,742,312.
XRP (XRP): Up 17.99%, trading at $2.67 with volume of $21,968,273,035.
Solana (SOL): Up 13.95%, trading at $162.94 with volume of $13,838,207,117.
MultiversX (EGLD): Up 13.73%, trading at $24.69 with volume of $56,336,697.
Top Losing Cryptocurrencies:
Berachain (BERA): Down 12.18%, trading at $7.76 on volume of $395,223,493.
Celestia (TIA): Down 8.97%, trading at $3.82 on volume of $210,390,049.
Maker (MKR): Down 8.75%, trading at $1,478.22 on volume of $242,160,482.
Sonic (S): Down 8.63%, trading at $0.6823 on volume of $305,993,894.
Litecoin (LTC): Down 3.83%, trading at $117.50 on volume of $2,055,998,568.
Bitcoin dominance is 60.5%, while Ethereum has a share of 9.4%.
Stay tuned to our news this week, because there are very important announcements coming from NuDEX, our community will surely be able to take advantage of this $$$ :)