Why Trump May Have Chosen This Week to Announce a Strategic Crypto Reserve
The 47th president equates his job performance with the stock market more than any predecessor. Was he really going to convene an industry event with bitcoin down 23% in recent weeks?
Posted March 2, 2025 at 7:56 pm EST.
Through Saturday the crypto market was down 14% in 2025.
Despite all of the hype and promise from the Trump administration, the industry had been left disheartened by a few memecoin scandals as well as a lack of tangible progress from the government outside of the dismissal of some cases from the Securities and Exchange Commission and the release of a somewhat vague Executive Order on January 23.
But that…
