Bitcoin jumps, cardano soars after Trump lists US crypto reserve tokens
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Bitcoin (BTC-USD) gained over 6% on Monday, rising as much as 20% from last week’s lows, after President Donald Trump revealed plans to include the digital currency in a new US strategic crypto reserve.
Prices of several other cryptocurrencies also rallied in the wake of Trump’s posting on Truth Social that the US stockpile would include bitcoin, ether (ETH-USD), XRP (XRP-USD), solana (SOL-USD) and cardano (ADA-USD). The stockpile assets had not previously been announced, News.Az reports, citing Reuters.
Bitcoin and ether will be at the heart of this reserve, Trump said on Sunday.
The post helped flip sentiment on…
