A crypto advisor at the White House said that Trump will make a major announcement in the coming weeks regarding a strategic Bitcoin reserve plan.
Crypto funds closed last week in positive territory, recording around $1.2 billion in net inflows.
Strategy purchased 3,273 BTC worth approximately $255 million.
Strive also announced that it bought 789 BTC at an average price of $77,890.
BitMine, one of the largest Ethereum holders, continued accumulating and added 101,901 ETH last week, bringing its total holdings to 5.078 million.
On April 27, BTC ETFs saw $263.18 million in outflows, ending a 9-day inflow streak.
ETH ETFs also recorded $50.48 million in outflows, while SOL and XRP remained flat.
Bitcoin is trading at approximately $76,842.
Ethereum is trading at around $2,283.
The Fear and Greed Index stands at 41, indicating a neutral market sentiment.
