Tuesday, 4 March, 2025

Trump Announces U.S. 'Crypto Strategic Reserve,' Fueling Major Surge in Cryptocurrency Prices

President Donald Trump has unveiled plans to establish a U.S. 'Crypto Strategic Reserve' aimed at positioning the nation as the "crypto capital of the world." This reserve will include major cryptocurrencies such as Bitcoin, Ethereum, XRP, Solana (SOL), and Cardano (ADA). The announcement led to significant market reactions: Bitcoin's price surged by approximately 20%, reaching a peak of $94,821; Ethereum saw a 12% increase; and XRP, Solana, and Cardano experienced gains.