Trump’s advertisement “Cryon Reserve” Sparks is an increase in Bitcoin, XRP, Solana and Cardano

“The American encryption reserve will raise this critical industry after years of corrupt attacks conducted by the Biden administration, which is why my executive request in digital assets has directed the presidential work group to move forward in a strategic coding reserve that includes XRP, Sol and Ada,” Trump’s publication in his social account in fact.

“I will make sure that the United States is the world of encryption in the world. We are making America great again.”

Bitcoin and the broader encryption market, including Ripple’s XRP, Solana and Cardano, increased after Trump’s electoral victory in November, and traders expected that he would continue his promises to the opposite of organizational repression during the Biden era on the marketing markets and companies.

In December, Trump reaffirmed his plan to create a strategic reserve for American bitcoin. “We will do something great with Crypto because we do not want China, or anyone else … but others embrace it, and we want to be at the forefront,” Trump told CNBC.

“Yes, I think that,” Trump said when asked whether the United States would create a strategic reserve for Bitcoin, which looks like an oil reserve.

In July, Trump pledged to create the “Bitcoin Strategic National Reserve” and expected that Bitcoin could exceed the market value of $ 16 trillion during his appearance at the Bitcoin 2024 conference.

In addition to Bitcoin reserve plans, Trump and his family were led by his children Don Junior and Eric-Haf they would expand their commercial projects to bitcoin, cryptocurrency, and Blockchain-based decentralization (Defi).