Trump Selects Cryptocurrencies for the Strategic Reserve
- Trump announced a “crypto reserve” that will include Ripple, Solana, Cardano, Bitcoin, and Ethereum.
- The announcement led to significant price increases for the included cryptocurrencies.
- Trump courted the crypto community during his campaign, despite being an early skeptic.
President Donald Trump — who once called cryptocurrencies a “scam” — triggered a rally for several major coins on Sunday after declaring plans to turn the United States into the “crypto capital of the world.”
Trump said in a post on his social-media network, Truth Social, that he would create a “Crypto Strategic Reserve” that would include the cryptocurrencies Ripple, Solana, and Cardano. In a follow-up post, Trump said that…
