President Donald Trump has announced plans to create a strategic cryptocurrency reserve for the United States, naming XRP, Solana (SOL), Cardano (ADA), Bitcoin (BTC), and Ethereum (ETH) as key assets. Trump framed the initiative as a way to strengthen the country's position in the global crypto market and counter what he described as previous government hostility toward digital assets. The announcement led to a surge in cryptocurrency prices as investors reacted positively to the news. Trump emphasized that the US should become 'the Crypto Capital of the World' and suggested that this reserve would be a step toward achieving that goal. The move signals a significant shift in US policy toward digital assets under his administration.
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US President Trump Orders Strategic Crypto Reserve Creation
US President Donald Trump announced the creation of a national crypto reserve, prompting a rise in cryptocurrency prices.