
Trump Announces Inclusion of Five Cryptocurrencies in U.S. Strategic Reserve
- Business
- March 3, 2025
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Trump Announces Inclusion of Five Cryptocurrencies in U.S. Strategic Reserve
U.S. President Donald Trump has announced the addition of five major cryptocurrencies—Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA)—to the country’s strategic reserves. This historic decision marks a significant shift in the government’s approach to digital assets and aims to cryptocurrency adoption position the U.S. as a global leader.
In a statement released on his social media platform, Truth Social, President Trump reiterated his commitment to making the United States the “crypto capital of the world.” He emphasized that this initiative aligns with his administration’s broader goal of fostering innovation in blockchain technology and digital finance.
Following the announcement, the cryptocurrency market experienced a sharp surge, with Bitcoin climbing by over 6%, Ethereum rising by nearly 5%, and Cardano witnessing a remarkable 43% increase. The market reaction underscores growing investor confidence in the integration of digital assets into mainstream financial systems.
The White House is set to host a cryptocurrency summit on March 7, bringing together industry leaders, policymakers, and financial experts to discuss the future of digital currencies in the U.S. economy. Analysts believe this move could pave the way for further regulatory clarity and institutional adoption of cryptocurrencies.
The decision to incorporate digital assets into the nation’s strategic reserves reflects the increasing importance of cryptocurrency in global financial markets. While experts acknowledge potential risks associated with regulatory challenges and market volatility, many view this as a groundbreaking step toward legitimizing cryptocurrencies on a national scale.