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Monday, 3 March2025

President Trump Announces U.S. Crypto Strategic Reserve, Boosting Digital Asset Markets

President Trump Announces U.S. Crypto Strategic Reserve, Boosting Digital Asset Markets

President Donald Trump announced the creation of a U.S. Crypto Strategic Reserve, aiming to establish the United States as a global leader in cryptocurrency. This reserve will include Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). Following the announcement, cryptocurrency markets experienced significant surges: BTC rose by 8% to over $90,800, ETH increased by 8.3% to $2,409, XRP jumped 31% to $2.83, SOL climbed 19% to $169.71, and ADA soared 50% to over $1.

Read full story at TechCrunch

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