Crypto Market Surges as Trump Announces Project Freedom

The cryptocurrency market has risen 1.86% to $2.63 trillion following Donald Trump's announcement of Project Freedom, which aims to escort neutral civilian ships through the Strait of Hormuz starting May 4. This initiative has eased geopolitical tensions, triggering a risk-on bid across digital assets, according to BeInCrypto. Bitcoin (BTC) has breached the $80,000 mark, gaining 2.29% in the session, while Zcash (ZEC) led top-100 movers with a 10% increase. The total crypto market cap has added $47.96 billion since yesterday's close.