American strategic encryption reserve

The currency market was destroyed in March with a strong gathering, as it quickly regained some losses from its worst since 2022. The boom followed comments from President Donald Trump, who again defended his plan for an American strategic encryption reserve.

Bitcoin price decreased by 17.5 % in February, which is the largest monthly decline since June 2022, according to media reports.

In a series of posts on the social truth, Trump detailed the digital origins he depicted in the reserve.

In a social publication, Trump said that the encryption matter “command the presidential work group to proceed with a Crypto strategic reserve This includes XRP, Sol and Ada. “

A social publication added, the second fact, a little more than an hour later: “It is clear, BTC and ETH, as another value Cross currenciesIt will be in the heart of the reserve. I also love bitcoin and ethereum. “

The advertisement is stimulated in the market, with Bitcoin It extends by 10 % and the ether is approximately 13 %, with symbols like Cardano and Solana make great gains.

According to Coinmarketcap, the symbols mentioned in the Trump advertisement are all among the best eight encrypted currencies depending on the market value. It was absent from the Stablecoins menu like Tether and USDC, along with Binance’s Token Bnb.

“The encryption market gained strong momentum as Trump announced strategic encryption reserves, including symbols such as XRP, Solana (SOL) and Cardano (Ada), along with Bitcoin and Ethereum. This step caused an increase in the destruction of MayPT in the market, while increasing integration in the market. We move towards the digital economy.

American strategic encryption reserve: What is it

The American strategic encryption reserves indicates the idea that the United States government creates a coded currency reserve, such as Bitcoin or Ethereum, as part of a government -controlled fund. This will be similar to how it occupies gold or other financial reserves. However, this concept has not been officially implemented yet. This reserve can be a hedge against inflation.

American strategic encryption reserve: How will it help?

• Through the contract of encryption assets, the American government can diversify its wallet
• A large share in the encryption market can be given greater influence over the ecosystems of the cryptocurrency.
• It can also help install the value of cryptocurrencies, especially during severe volatility.

American strategic encryption reserves: Impact on encrypted currency prices

• The creation of an American strategic encryption reserve can reduce some fluctuations in the encryption market.
• This can significantly affect market morale, which may increase the investor’s confidence in encrypted currencies.
• The US -backed encryption reserve may encourage governments or other institutions to consider encrypted currencies one of the dangerous financial assets.

Trump received support from the encryption industry in the 2024 election attempt and soon moved to support their policy priorities. It hosts the first White House encryption summit on Friday.

On January 23, the CEO of the United States is not clear, but the executive order for Donald Trump on January 23, as the creation of a “working group” directed to propose a regulatory framework on digital assets, and that hints “may be derived from the encrypted currency seized by the federal government. Forbes quoted a report in the New York Times in January, who said that the federal government has already has an estimated $ 19 billion In the bitcoin currency it seized.