Bitcoin jumps 20% after Trump hints at new strategic reserve (www.reuters.com)

submitted 9 months ago by CityPop@lemmy.today to c/world@quokk.au

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SINGAPORE, March 3 (Reuters) - Bitcoin surged more than 20% from last week's lows on Monday and several other cryptocurrencies also rallied sharply after U.S. President Donald Trump raised the possibility of a new U.S. strategic reserve that would include a range of tokens.

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[-] Darkard@lemmy.world 29 points 9 months ago

Another crypto pump and dump. I wonder how many billions the techbros will gain from this blatant manipulation this time.

[-] Tikiporch@lemmy.world 4 points 9 months ago

Bingo. It fell pretty drastically last week, now it's back up... YTD it's about even on price with a bunch of sharp dips here and there.

[-] Perhapsjustsniffit@lemmy.ca 12 points 9 months ago

"Me and my buddies making money again"

Trump....probably

[-] SpikesOtherDog@ani.social 2 points 9 months ago

PUMP PUMP PUMP IT UP. Where it stops, it's not for you to know!

[-] TacoButtPlug@sh.itjust.works 1 points 9 months ago

So are these basically just the ultra rich robbing from the lesser ultra rich at this point? Cause what working class fucker has bitcoin?

this post was submitted on 03 Mar 2025

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