President Trump just made a big move. He’s creating a US strategic crypto reserve, and it’s not just about Bitcoin and Ethereum anymore.
He’s adding Solana, Cardano, and Ripple to the mix. This is huge.
Trump’s been saying he wants to make the US the crypto capital of the world, and now he’s putting his money where his mouth is.
Good news for the crypto market?
Trump took to Truth Social to announce this plan, saying it’s all about uplifting the crypto industry after what he calls corrupt attacks by the previous administration. And boy, did the market react.
Bitcoin jumped 9.66%, Ethereum rose 13.64%, Solana surged 24.50%, Ripple gained 34%, and Cardano?
A 71.78% increase. That’s what I call a rally, but of course, there was a correction after that.
No more details about the reserve
But here’s the thing, Trump didn’t give us any details on how this reserve will work. When will they start buying? How much will they buy?
The suspense is killing us, plz don’t do this. As of now in the time of writing, these cryptos are trading at some serious numbers, Bitcoin at $92,970, Ethereum at $2,360, Solana at $164, Ripple at $2.6, and Cardano at $0.9.
Questions everywhere
And let’s not forget the White House Crypto Summit coming up. This is going to be big.
Trump’s got the crypto world buzzing, and we’re all waiting to see what’s next.
Will this reserve stabilize the market or send it soaring even higher? Only time will tell, but one thing’s for sure, Trump’s got the crypto game on fire.
So, what does this mean for us, poor crypto users? Well, if you’re into crypto, you should be paying attention.
This could be the start of something big. And if you’re not in the game yet, maybe it’s time to get in. After all, as Trump would say, “We’re gonna make crypto great again!”
Have you read it yet? Crypto’s little secret, accidental losses are killing adoption?
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