US President Donald Trump on Sunday said Bitcoin (BTC), Ether (ETH), XRP, Solana (SOL) and Cardano (ADA) would constitute a promised strategic crypto sanctuary, which could trigger a rapid rally at the price of these tokens.
At the spot-driven rally, these tokens were traded at a substantial premium on US demand, which is a proxy for US demand, in the NASDAQ-listed Coinbase exchange.
The so-called Coinbase premiums of XRP, SOL and ADA have skyrocketed to their highest levels since February 3rd. BTC and ETH traded at slightly higher prices on Coinbase than Binance.
Since the beginning of last year, Coinbase Premium has been a feature of price increases, and is a testimony of Bull Run.
Read more: Bitcoin jumps above $91K after Trump's US Crypto Reserve News brings back the Bulls
Arabic
Chinese (Simplified)
Dutch
English
French
German
Italian
Portuguese
Russian
Spanish