Bitcoin, Ether, XRP, SOL and ADA assets rise 8pc to 62pc in trading.

Bitcoin was trading up a fifth from last week's lows on Monday

The total cryptocurrency market has risen about 10%, or more than USD 300 billion, in the hours since Trump's announcement, according to CoinGecko, a cryptocurrency data and analysis company.

The crypto market surged $300B as Trump announced a crypto strategic reserve, pushing BTC past $93K and XRP to new highs.

The US President claimed this 'critical industry' suffered 'years of corrupt attacks' at the hands of the Biden Administration.