Bitcoin, XRP, Dogecoin Recover as Fresh Crypto Strategic Reserve Bill Hits Congress

• Bitcoin jumped 7.69% to $82,733.64 after introducing a new BTC Reserve bill.
• XRP and Dogecoin also rebounded, posting significant gains.
• Analysts suggest that BTC could surge to $92,000 if it breaks a key resistance zone.

Bitcoin and other major cryptocurrencies rallied after the U.S. House of Representatives introduced a Strategic Bitcoin Reserve bill. The bill, known as the Bitcoin Act of 2025, was presented by Rep. Nick Begich (R-AK) to establish a reserve without using taxpayer funding.

Notably, Senator Cynthia Lummis also reintroduced the “BITCOIN Act” on Tuesday, which now features more cosponsors from the Senate than before. 

Following the news, Bitcoin surged 7.69% to $82,733.64, briefly crossing the $83,000 mark. It is now trading at $82,316, a 2.5% rise in the past day. The announcement also pushed Bitcoin’s market dominance to 61.3%, its highest level in a year. 

In parallel, Ethereum rose 5.57% to $1,910.35, rebounding from below $1,800. XRP is now trading at $2.22, up 5% today after initially dipping to $1.92. Dogecoin also climbed 10.04% to $0.1652.

Meanwhile, several less prominent altcoins also posted strong gains during the per…

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