Bitcoin rose above $92,000 in Asian morning hours Thursday, with majors jumping as much as 5%, as traders await the first-ever White House Crypto Summit scheduled for Mar.7 for cues on future positioning.
BTC rose to $92,700 before profit-taking saw it decline to $90,800 in European morning hours. Dogecoin (DOGE) surged as much as 10% to lead gains among majors, with Cardano’s ADA, Solana’s SOL and ether (ETH) rising 6%. XRP and BNB Chain’s bnb showed muted gains with a 2.5% jump, underperforming a 3.5% rise in the CoinDesk 20 (CD20).
Thursday’s price action helped buoy bulls after crypto markets roller-coasted this week as President Donald Trump revealed plans for a strategic reserve of tokens, including XRP, ADA and ETH, on Sunday, sending the market higher by 12%.
But that euphoria was doused as traders awaited concrete plans and a fresh round of U.S. tariffs went into play, with broader markets retracting on Tuesday. There…
