Trump Adds Cryptocurrencies to U.S. Strategic Reserve, Fueling Market Surge
U.S. President Donald Trump announced Sunday that five major cryptocurrencies—Bitcoin, Ether, XRP, Solana, and Cardano—will be included in a new U.S. strategic reserve of digital assets, sparking a sharp rise in crypto prices.
3/2/2025
Market Reaction
Following the announcement on Truth Social, Bitcoin surged over 11% to $94,164, while Ether jumped 13% to $2,516. The total cryptocurrency market added $300 billion in value within hours, according to CoinGecko. Trump later clarified that Bitcoin (BTC) and Ether (ETH) would be at the “heart of the reserve.”
A Game-Changer for Crypto Policy
Trump’s move signals a major shift in U.S. government policy, embracing digital assets instead of restricting them, as seen under the previous Biden administration. His administration has already:
Withdrawn SEC investigations into several crypto firms
Dropped a lawsuit against Coinbase, the largest U.S. crypto exchange
Scheduled the first White House Crypto Summit for Friday
“This could accelerate institutional adoption and cement U.S. leadership in digital assets,” said Federico Brokate of 21Shares.
Regulatory Uncertainty Remains
Despite the excitement, legal experts are split on how the reserve will be set up. Some believe it could be created through the U.S. Treasury’s Exchange Stabilization Fund, while others argue an act of Congress would be needed. Analysts suggest Bitcoin could soar to $500,000 before Trump leaves office—if a pro-crypto regulatory framework or Federal Reserve interest rate cuts materialize. With the Trump administration actively supporting crypto, the industry is now watching closely for its next big move.
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