Trump Announces U.S. Crypto Reserve
The crypto market was a mess after the Bybit hack. Billions were drained, traders were panicking, closing positions, and moving funds off exchanges. Sentiment was at rock bottom. Then today, Trump comes out swinging—announcing a U.S. Crypto Reserve with Bitcoin, Ethereum, Solana, XRP, and ADA as part of his plan to make America the crypto capital of the world.
Markets instantly flipped. Prices surged:
Bitcoin: $92,929 (+8.1%)
Ethereum: $2,443 (+9.6%)
Solana: $169.73 (+18.6%)
XRP: $2.81 (+24.3%)
Cardano: $1.06 (+60.3%)
This is a huge shift from the anti-crypto stance of the Biden administration, which spent years trying to crush the industry. Now, Trump is talking about stacking Bitcoin and crypto at a national level.
But here’s the thing—Bitcoin is the only real reserve asset. It’s scarce, like gold or oil. Ethereum, Solana, XRP? They’re just companies with unlimited supply—new tokens can always be printed. Bitcoin is the only one that can’t be manipulated.
That said, this might have been the final wipeout before massive moves higher. Buckle up. 🚀
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