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Bitcoin jumps 7.5% and rises above $90,000 after U.S. President Donald Trump announced in a post on the social media platform Truth that he wants to create a U.S. strategic cryptocurrency reserve.

The measure “will elevate this critical sector after years of corrupt attacks by the Biden administration,” wrote the tycoon. “That is why my executive order on digital assets has instructed the presidential task force to proceed with a strategic cryptocurrency reserve that includes XRP, SOL, and ADA.”

These three assets are rising between 10% and 35% in trading, dragging other cryptocurrencies along in their rally. Among them is Bitcoin (even though it is not part of the trio), which is now trading at $91,644.9.

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