US president says Bitcoin, Ethereum, XRP, Solana, and Cardano will be included in ‘Crypto Strategic Reserve’.
United States President Donald Trump has named five cryptocurrencies for his proposed reserve of digital assets, sending prices of the tokens soaring.
Bitcoin, Ethereum, XRP, Solana, and Cardano will be included in a “Crypto Strategic Reserve”, Trump said on his Truth Social platform on Sunday.
Trump, who in January signed an executive order to examine the creation of a “strategic national digital assets stockpile”, said the move would “elevate” the industry after years of “corrupt attacks” by the administration of former US President Joe Biden.
“I will make sure the US is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!” the US president said on his social media platform.
Cardano jumped more than 70 percent following Trump’s announcement, while XRP and Solana rose more than 35…
