Trump announces strategic Crypto Reserve, including Bitcoin, Solana, XRP and more

Criptocurrencies gathered on Sunday after President Donald Trump He announced the creation of US strategic card reserves to include Bitcoin and etheras well as XRPSolana’s Salt Token and Cardano’s Adasaid in a mail O True socially.

“The current reserve in crypto will raise this critical industry after years of corrupt attacks by administration, which makes my executive order for digital property progress to the crypto strategic reserves that includes XRP, Sol and Ada”. “I’ll make sure the cratted capital of the world is now.”

“And, obviously, BTC and ETH, as well as other precious cryptocurries, will be in the heart of the reservation,” he said in Monitoring the post.

The KSRP increased by 33% after the announcement while the Token was jumped 22% to Solan. Cardano’s coin fell more than 60%.

Bitcoin and Ether have gained 8% and 11%, respectively.

This is the first time that Trump determined his support for the crypto “Reserve” opposite “stock”. While the former implies an active cry of crypting in regular installments, inventories would simply not sell any of the crypts currently held by the US government.

Abdomen first introduced an idea National stocks Bitcoin last summer in Bitcoin 2024. In Nashville, one of the largest conferences in the industry, where the crypto vote began. In the same event, Senator Vioming Cinthia Lummis presented his proposal for the National Strategic Reserve Bitcoin.

After the re-election in November, the Bitcoin strategic reserve drumba becomes louder, helping send the price of a water cryptocurrency to the new all time. Seemed to be stopped after Trump issued executable On the cript at the end of January. He called for the presidential working group to the CRIPT to evaluate the “potential creation and maintenance of the National Inventory of the Digital Assets, potentially produced from cryptic transmissions legally seized by the Federal Government through its law enforcement efforts.”

The industry had a response to the younger language, because investors expected the focus on Bitcoin, while the term “digital means” suggested that supplies may include other cryptocurries without giving certain specifics.

Bitcoin was in consolidation from the executive line. It was just closing your The worst month of 2022. YearsWith its performance by a guided macro uncertainty, because it is absent with a crypto specific catalyst.

Trump is Friday on Friday, and investors will carefully look for more traces on the direction of backup plans.

Watch: To which new crypto strategy means for industry