Trump Announces Five Cryptos for U.S. Strategic Reserve
U.S. President Donald Trump has revealed that he plans to establish a cryptocurrency reserve, naming five specific digital assets as part of the initiative.
Price Surge Across Key Cryptocurrencies
Following the announcement, Bitcoin, Ethereum, XRP, Solana, and Cardano all saw sharp price increases, as investors reacted positively to the news.
A Shift in U.S. Crypto Policy
Trump’s stance signals a major shift from the Biden administration, which took a regulatory-heavy approach to the industry due to concerns about security and fraud.
Awaiting Further Clarifications
While Trump’s announcement has generated excitement, it remains unclear how the crypto reserve will be structured. More information is expected to be disclosed at the White House Crypto Summit later this week.
Trump ’s Evolution in Crypto Perception
Despite previously criticizing Bitcoin as a scam, Trump’s recent involvement in digital assets has led to speculation about his changing perspective and potential financial incentives.
relevant news: HERE
