Bitcoin Surges 6.06% to $89,359

On March 2, Bitcoin, the world's largest cryptocurrency, increased by approximately 6.06% to $89,359 at 1620 GMT on Sunday. Meanwhile, Ether, the second largest cryptocurrency, rose by 1.36% to $2,253 at 1622 GMT on Sunday. The surge followed an announcement by the U.S. President stating that his recent executive order focused on digital assets instructed his team to establish a "Crypto Strategic Reserve" incorporating XRP, SOL, and ADA.