Cryptocurrency – Trump’s big crypto move: US strategic reserve to include Bitcoin, Ether, XRP, Solana, Cardano
US President Donald Trump has announced plans to include five major cryptocurrencies in a new US strategic reserve, leading to a surge in crypto prices. Trump made the announcement on Truth Social, confirming that his January executive order on digital assets would establish a stockpile of cryptocurrencies, including Bitcoin (BTC), Ether (ETH), XRP, Solana (SOL), and Cardano (ADA). The specific names were disclosed for the first time, with Trump emphasizing the importance of BTC and ETH in the reserve.
Following the announcement, Bitcoin surged 11%, reaching $94,164, while Ether jumped 13% to hit $2,516. The total cryptocurrency market gained $300 billion within hours, according to CoinGecko. XRP, associated with Ripple Labs, also saw…
