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Trump’s Crypto Reserve: US to Hold Bitcoin, Ethereum, XRP, Solana, and Cardano

Key Takeaways

  • ​Trump confirmed Bitcoin and Ethereum will be part of the US crypto reserve after initial confusion over their absence;
  • XRP, Solana, and Cardano saw major price jumps after Trump's announcement, with Bitcoin rising 7.6% after his clarification;
  • Trump aims to position the US as a crypto leader, criticizing past regulations and pushing for a government-held digital asset reserve.​

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Trump’s Crypto Reserve: US to Hold Bitcoin, Ethereum, XRP, Solana, and Cardano

President Donald Trump has reaffirmed his commitment to cryptocurrency by announcing plans for a US government-held digital asset reserve.

Initially, he listed XRP XRP $2.60 , Solana SOL $157.53 , and Cardano ADA $0.9695 as part of the reserve, but the absence of Bitcoin in his first statement caused some confusion.

Responding to the reaction, President Trump later clarified that Bitcoin BTC $90,198.36 and Ethereum ETH $2,277.47 would also be included, stating, "And, obviously, BTC and ETH, as other valuable cryptocurrencies, will be at the heart of the reserve. I also love Bitcoin and Ethereum!"

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President Trump described the reserve as part of his goal to establish the United States as a leader in the crypto industry. He criticized the previous administration’s approach, claiming that regulatory actions had held back the sector.

He said in a March 2 post on Truth Social, "A US Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden administration, which is why my executive order on digital assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA".

Following the announcement, XRP saw a 21% price increase, reaching $2.61, while Solana gained 12.5%, hitting $158. Cardano had the biggest jump, climbing 37% to $0.87. Bitcoin, which was not included in the original announcement, also gained after President Trump’s clarification, rising 7.6% to over $91,000.

Recently, President Trump confirmed plans for a Fort Knox gold audit. What impact did his decision have? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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