Cardano

Bitcoin has surged past $120,000, achieving a new all-time high with significant gains fueled by investor optimism, low interest rates, and institutional investments. This growth positively impacts the broader crypto market, showcasing the rising dominance of digital assets.

The US has created a Strategic Bitcoin Reserve funded by forfeited treasury bitcoins, including multiple cryptocurrencies like Bitcoin, Solana, and Ethereum, to position itself as the 'Crypto Capital of the World' and foster industry growth.

On March 2, 2025, former US President Donald Trump signed an order to establish a strategic cryptocurrency reserve including Bitcoin, Ethereum, Ripple, Solana, and Cardano. This move has sparked debate among tech supporters and could significantly impact the crypto market.

The Ethereum network, a major player in the crypto market, has seen its Ether price drop by 40% over the last three months. As competition from other cryptocurrencies intensifies, including Bitcoin, Solana, and Cardano, investor disillusionment grows. Development issues and recent political decisions have intensified Ethereum's challenges, raising concerns about its future.