Donald Trump boosts crypto with new Strategic Bitcoin Reserve
Crypto prices jump after Trump sets plan for US strategic reserve
Prices for bitcoin and the like have soared after Donald Trump set out plans for a U.S. cryptocurrency reserve. He said in a social media post that the stockpile would include bitcoin and ether, as well as smaller tokens XRP, solana and cardano.
President Donald Trump signed an executive order Thursday establishing a Strategic Bitcoin Reserve and Digital Asset Stockpile, continuing his administration’s embrace of the cryptocurrency industry.
The announcement came on the eve of a Crypto Summit Trump is scheduled to host Friday at the White House with industry leaders.
“Just as it is in our country’s interest to thoughtfully manage national ownership and control of any other…
