As of March 3, 2025, Bitcoin is trading at approximately $93,768.47, reflecting a +9.53% increase over the past 24 hours. Ethereum is priced around $2,479.65, up 13.56% in the same period. The digital finance world is evolving fast. On February 28, 2025, Bitcoin active addresses soared to 912,300. Bitcoin’s growing active addresses may signal a turning point for the crypto market after the latest correction. Bitcoin now trades at $93,768.47.
President Trump has mandated that key crypto assets join a US crypto reserve. Assets such as Bitcoin, Ethereum, Solana, Cardano, and XRP are now part of a government-backed portfolio. Meanwhile, the Trump Organization has filed for a metaverse and NFT marketplace. BlackRock has also expanded Bitcoin exposure in its US model portfolios valued at 150B. These moves, including ETF flows of $36B and daily trades of $418M, signal a major shift for US and global digital finance.
Crypto Fear & Greed Index | Source: Alternative.me
The Fear and Greed Index has increased to 33, still indicating a fearful market sentiment. Bitcoin has remained below the $100,000 mark, experiencing limited whale accumulation and low volatility. However, there is upside potential with the current announcement of the U.S. crypto reserve today.
What’s Trending in the Crypto Community?
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President Donald Trump directed the Presidential Task Force to advance a cryptocurrency strategic reserve, including Bitcoin, Ethereum, Solana, Cardano, and XRP as core components.
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Crypto Czar David Sacks: President Trump is fulfilling his promise to make the U.S. the global hub for cryptocurrency.
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Ethereum Foundation: Appointed Hsiao-Wei Wang and Tomasz Stańczak as co-executive directors.
Trending Tokens of the Day
March 2 Bitcoin Surge and Price Outlook
Bitcoin number of active addresses. Source: Glassnode
On February 28, 2025, Bitcoin active addresses reached over 912,300. This milestone was last seen on December 16, 2024 when Bitcoin traded near $105,000. Glassnode data reported Bitcoin at $94,014. Tariff announcements by Trump had signaled a bearish outlook at first. Now, with the official US crypto reserve, market sentiment has shifted. Bitcoin currently trades at $93,768.47 and technical data points to strong upside potential.
Trump Mandates New Crypto Reserve Assets: XRP, SOL, ADA
Source: Truth Social - Donald J. Trump
On March 2, 2025, President Trump announced that the US crypto reserve will include Bitcoin, Ethereum, Cardano, XRP. and Solana.
He stated, “A US Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration” and later confirmed that Bitcoin and Ethereum would be at the center of the new reserve.
This mandate matters in the US because it lays the foundation for clearer regulations and enhanced investor protection. Globally, this move boosts crypto legitimacy and encourages institutional participation.
Read more: The Race for Strategic Bitcoin Reserves: More U.S. States Move Toward Crypto Adoption
The New U.S. Crypto Reserves’ Global and US Impact
Trump’s mandate to include new assets in the US crypto reserve carries weight both in the US and globally. In the US, the initiative provides regulatory backing and strengthens investor protection. Internationally, it boosts crypto legitimacy and may prompt other governments to follow suit. Institutional players are likely to adjust their portfolios in response. The market is already reflecting these shifts with flows such as 36B net in ETFs and daily trades of 418M, marking a significant financial reorientation.
Read more: What Is a Strategic Bitcoin Reserve and How Likely Is It?
XRP’s 30% Rally and Investor Optimism
Following the crypto reserve announcement today, XRP surged by 30% on March 2, 2025. Technical indicators such as the Price DAA Divergence signal a clear buy. Investor participation increased and XRP traded at 2.79 while nearing a resistance level of 2.95. A breakout could drive XRP to 3.00 and eventually test an all-time high of 3.40. The Chaikin Money Flow indicator shows robust inflows that back this bullish trend.
Trump Organization Digital Expansion into the NFT Marketplace
Source: United States Patent and Trademark Office
On February 24, 2025, the Trump Organization filed a trademark via DTTM Operations LLC with the US Patent and Trademark Office. The filing details plans for a metaverse environment and an NFT marketplace. The digital ecosystem will offer branded digital wearables, virtual dining establishments, interactive venues, and educational services in business, real estate, public service, and fundraising.
This move builds on earlier projects like the Official TRUMP memecoin and World Liberty Financial. Trump Media and Technology Group also filed for crypto investment products and NFT collectibles. The Trump-backed firm Truth.Fi plans to invest up to 250M in blockchain projects. This integrated digital platform may launch by late 2025 and reshape consumer interactions with virtual and tangible assets.
BlackRock Boosts Bitcoin Exposure with IBIT
Source: Google
BlackRock has added Bitcoin to its US model portfolios valued at $150B through the iShares Bitcoin Trust ETF (IBIT). As of December 17, 2024, the ETF recorded over 36B in net flows. A report from the BlackRock Investment Institute identified a 1 to 2 allocation as reasonable given Bitcoin’s volatility. Michael Gates stated, “We believe Bitcoin has long-term investment merit and can potentially provide unique and additive sources of diversification to portfolios” On February 26, 2025, the ETF experienced its largest daily outflow of 418M. Despite this, the fund holds over 48B in assets and nearly 40B in net flows. BlackRock doubled its Bitcoin exposure in its Global Allocation Fund last year, reporting 430,770 shares of IBIT compared to 198,874 shares in the previous quarter.
Conclusion
The crypto market is entering a decisive phase. On February 28, 2025, Bitcoin active addresses hit 912,300 and Bitcoin now trades at $93,768.47, pointing to significant upside potential. President Trump’s decision to include Bitcoin, Ethereum, Solana, Cardano, and XRP in the US crypto reserve sets the stage for clearer regulation and enhanced investor protection. XRP surged by 30% on March 2, 2025 as technical indicators spurred investor optimism. Strategic moves by the Trump Organization, including plans for a metaverse and NFT marketplace, and BlackRock’s integration of Bitcoin in its 150B US model portfolios with ETF flows of 36B and daily outflows of 418M, illustrate a comprehensive transformation. These interlinked developments solidify market confidence and have far-reaching implications for digital asset markets in the US and worldwide.
Read more: Trump’s Crypto Reserve Plans Sends Bitcoin to $95K, Altcoins Surge, and BTC Dominance Dips Under 60%
