The cryptocurrency market rose sharply at the beginning of March, recovering some of the losses in February, the worst month since 2022, after Donald Trump talked about his strategic cryptocurrency reserve plan again.

Andrew Tu, head of sales at cryptocurrency market maker Efficient Frontier, said that the inclusion of XRP and ADA tokens in Trump's plan was unexpected. Both rose sharply on Sunday, leading the digital asset world. Trump also said that Bitcoin, Ethereum and Solana would be included in the reserve, helping them recover some of the losses last month.

The above news announced by Trump on Truth Social once again confirmed his loyalty to the cryptocurrency industry: the industry gave Trump a lot of donations and praise during the campaign after the Biden administration cracked down on cryptocurrency companies.

However, many details of Trump's plan are still unclear, including how much the government will actually buy and where the money will come from.

"If reality doesn't match expectations, then the market could fall back again," Tu said. "For now, all the declines in the past week have been forgotten by the market," he said, adding that macroeconomic issues remain and that if the stock market falls back, cryptocurrency prices could also fall back again.

The tokens that Trump claims to be included in the reserves are all among the top eight cryptocurrencies by market capitalization, according to CoinMarketCap.com. Among the top eight, two stablecoins that only track the US dollar, Tether and USDC, and Binance Coin of Binance Exchange, are excluded.