The encryption prices jump after Trump determined the American strategic reserve plan

The story: Bitcoin prices and the like increased after Donald Trump made plans to a cryptocurrency reserve in the United States.

On Sunday, he said in a post on social media that the stock will include bitcoin and ether, as well as XRP, Solana and Cardano.

This was the first time that the American president called any assets that would participate.

The news sent prices up sharply, as Bitcoin and Ether rose about five of last week by Monday morning.

Trump said that the husband will be in the heart of the new reserve.

In all, the Crypto global market gained about $ 300 billion in the hours that followed the news.

This is according to the data from the COININECKO Analysis.

An analyst told Reuters that the new step could push the American leadership in digital assets, although another said it was very surprising to see any symbols alongside the two big Monday.

What is certain is that it represents a major change in feelings from the previous administration.

During the era of Joe Biden, American organizers have taken strict action against encryption due to fears about fraud and money laundering.

But Trump reached power and promised to be a “chief encrypted”.

He appointed the fans of digital funds for the main posts in his administration.

However, encryption prices were slipping on concerns about the lack of other concrete movements in the sector.

After that, the social media post reflected on Sunday the declining trend.

On Friday, Bitcoin Bulls hopes to get more positive signals when Trump hosts the top of the White House encryption.