Trump boosts crypto market with 'Crypto Strategic Reserve' announcement

US President Donald Trump has sent the cryptocurrency market rallying with a striking announcement.

Trump announced that a 'US Crypto Strategic Reserve' will be created, which will include cryptocurrencies such as XRP (Ripple), SOL (Solana), and ADA (Cardano). This announcement created great excitement in the crypto market and caused a rapid rise in the value of the assets in question. Trump stated, "I have directed the Presidential Working Group to create a Crypto Strategic Reserve that includes XRP, SOL, and ADA. I will make the US the Crypto Capital of the World."

Following Trump's statements, the value of cryptocurrencies such as XRP, SOL, and ADA increased by 10 to 35 percent. Additionally, major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) also gained value, influenced by this positive sentiment. In a follow-up statement, Trump later added, "Of course, other valuable cryptocurrencies like BTC and ETH will also form the heart of this reserve. I love Bitcoin and Ethereum!", showing his support for these two important assets as well.

It was stated that the importance US President Trump places on cryptocurrency policies will become clearer with the first Crypto Summit to be held in the coming days. The summit, which will take place at the White House on Friday, is expected to focus on the future of the crypto industry and the role of the US in this field.

News Source: 12punto