Bitcoin up 6.06% at $89,359

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March 2, 2025 11:50 AM EST

FILE PHOTO: A Bitcoin enthusiast poses for pictures during the kick-off of the Plan B Forum El Salvador, in San Salvador, El Salvador, January 30, 2025. REUTERS/Jose Cabezas/File Photo

(Reuters) - Bitcoin, the world's largest cryptocurrency by market value, was up by around 6.06% at $89,359 at 1620 GMT on Sunday.

Ether, the second largest cryptocurrency, was up 1.36% at $2,253 at 1622 GMT on Sunday.

This comes after U.S. President Donald Trump said on Sunday that his recent executive order on digital assets directed his team to create "a Crypto Strategic Reserve that includes XRP, SOL, and ADA."

(Reporting by Rishabh Jaiswal in Bengaluru; Editing by Alistair Bell)


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