Trump Endorses 5 Cryptos For US National Reserve
The post Trump Endorses 5 Cryptos For US National Reserve appeared on BitcoinEthereumNews.com.
United States President Donald Trump has made yet another bold move in the crypto field. After earlier announcing plans to establish a strategic Bitcoin reserve, he now intends to include several additional digital assets. Related Reading In a Truth Social post, Trump stated that the US should stockpile XRP (XRP), Solana (SOL), and Cardano (ADA). He also added Bitcoin (BTC) and Ethereum (ETH) to the list, saying these would be “at the heart of the reserve.” His most recent position has caused market responses and conversations over the potential effects on the nation’s adoption of cryptocurrencies. Trump’s Initial Bitcoin-Only Plan Changes At the Bitcoin 2024 meeting in Nashville, Tennessee, Trump first talked about his idea of a national Bitcoin reserve. He only talked about Bitcoin at the time and called it an asset of strategic value. His words were different from what he had said before, when he was critical of cryptocurrencies. Now, he has added more tokens to his vision, showing how important they are in the digital market. Listed Coins Rally After Trump Announcement Following Trump’s announcement, the cryptocurrency market experienced a price increase in the listed assets: SOL, ADA, and XRP were by up to 62%, while, Bitcoin and Ethereum also jumped by more than 10% apiece, Sunday. President Trump Announces U.S. Crypto Reserve, Adding Bitcoin, Ethereum, Solana, XRP, and Cardano President Donald Trump has announced the creation of a U.S. crypto strategic reserve, directing the President’s Working Group on Digital Assets to include XRP, Solana (SOL), and… — BRICS News (@BRICSinfo) March 2, 2025 No Clear Plan For Implementation? While the idea of a US crypto reserve is gaining attention, details on how it would be structured remain vague. The President’s Working Group on Digital Assets, which Trump directed to explore the plan, has not yet…
Filed under: News - @ March 3, 2025 8:25 am