Donald Trump’s US Strategic Crypto Reserve: What it is, how it helps, and its impact on cryptocurrency prices
The cryptocurrency market roared into March with a powerful rally, quickly recovering some losses from its worst month since 2022. The surge followed comments from President Donald Trump, who once again championed his plan for a US Strategic Crypto Reserve.
The price of Bitcoin fell 17.5% in February, the biggest monthly drop since June 2022, according to media reports.
In a series of posts on Truth Social, Trump detailed the digital assets he envisioned including in the reserve.
In a Sunday Truth Social post, Trump said the executive order on crypto “directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA.”
A second Truth Social post, published a little more than an hour…
