Trump wants a federal crypto reserve. What is bitcoin?
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.
Industry leaders are meeting with President Donald Trump for the first-ever White House cryptocurrency summit Friday, a day after he signed an executive order to establish a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile.
The idea for the U.S. digital asset stockpile is part of Trump‘s plans to “make sure the U.S. is the Crypto Capital of the World,” Trump said in a Truth Social post Sunday.
Trump said four…
