The cryptocurrency market roared into March full of optimism, recouping some of the losses from the asset class’s worst month since 2022, after President Donald Trump once again talked up his plan for a strategic crypto reserve.

Bitcoin, the biggest cryptocurrency, has fallen 21 percent from a January 20 peak and is back to levels seen shortly after Trump’s U.S. presidential election victory in November, as hopes for a strategic bitcoin reserve fade and tariff threats weigh on demand for speculative assets.

Democratic politicians are calling for restrictions on politicians profiting from the launch or promotion of memecoins.

Trump said his January executive order on digital assets would create a stockpile of currencies including bitcoin, ether, XRP, SOL and ADA.

Government purchases for the “Crypto Strategic Reserve” will include bitcoin and other lesser-known digital tokens, President Donald Trump said on social media.

U.S. President Donald Trump said on Sunday that his recent executive order on digital assets directed his team to create "a Crypto Strategic Reserve that includes XRP, SOL, and ADA." (Reporting by Trevor Hunnicutt and Katharine Jackson;

Ripple’s XRP and ethereum rivals solana and cardano—all regarded as U.S.-made cryptocurrencies—each rose between 20% and

Cryptocurrency prices surged Sunday after President Donald Trump announced certain digital assets that would be included in his proposed U.S. strategic crypto reserve.

Bitcoin, ether, solana, Ripple-linked XRP and cardano will be in the stockpile.