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Market Overview

• Bitcoin (BTC): $87,015 USD

• Ethereum (ETH): $3,200 USD

• XRP (Ripple): $0.90 USD

• Stellar (XLM): $0.25 USD

• Worldcoin (WLD): $2.50 USD

Note: Cryptocurrency prices are subject to rapid changes; please consult real-time data for the most accurate information.

Recent Developments

Trump Advocates for a U.S. Bitcoin Reserve

Former U.S. President Donald Trump has pledged to establish a strategic national Bitcoin reserve and ensure that the government’s seized bitcoins are "never sold." Speaking at the Bitcoin Conference in Nashville, Trump emphasized the importance of the U.S. leading in the crypto space, stating, “If we don’t do it, China will do it.” He also outlined plans to fire SEC Chair Gary Gensler and appoint a Bitcoin and crypto advisory council if re-elected.

Read more on Coindesk

MicroStrategy’s Continued Bitcoin Investment

MicroStrategy, the largest corporate holder of Bitcoin, has increased its holdings by purchasing an additional 6,911 BTC between March 17 and March 23. This acquisition brings their total holdings to over 500,000 BTC. Following the announcement, MicroStrategy's stock (MSTR) surged more than 10%.

Read more on Investopedia

GameStop Joins Corporate Bitcoin Adoption

GameStop has announced its investment in Bitcoin as a treasury reserve asset, aligning with companies like MicroStrategy in incorporating cryptocurrency into their business strategies. However, despite this move, Bitcoin experienced a slight decline of 0.9% to $87,015, reflecting broader market trends.

Read more on Barron’s

Crypto Influence in Washington, D.C.

The presence of cryptocurrency in Washington is growing. A well-known Republican staffer bar has transformed into Pubkey, a Bitcoin-friendly establishment. In a historic move, Donald Trump used Bitcoin to purchase burgers for patrons during his campaign stop at Pubkey’s New York location, marking the first presidential Bitcoin transaction.

Read more on The Verge

Weekly Trends

Bitcoin’s price has experienced fluctuations but remains strong at $87,015 USD. Ethereum and other major cryptocurrencies have followed similar patterns, highlighting the dynamic nature of the market.

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