Bitcoin (BTC) and Ethereum (ETH) will form the core of the United States cryptocurrency reserve. This was written by American President Donald Trump in Truth Social.
“And obviously BTC and ETH, as well as other valuable cryptocurrencies, will be at the heart of the reserve. I love Bitcoin and Ethereum too!” he noted.
The strategic reserve will also include cryptocurrencies Cardano (ADA), Solana (SOL), Ripple (XRP). “The U.S. cryptocurrency reserve will elevate this critical industry after years of corruption attacks by the Biden administration,” the US President said.
On the news from the United States, the cost of Bitcoin during trading by nine in the evening exceeded 95 thousand dollars. This is evidenced by data from the Binance platform.
Even before winning the US presidential election, in November last year, Trump promised to turn the United States into a “crypto power” and create a strategic reserve of bitcoins, the funds of which could even be used to pay off the US national debt.
Trump’s victory then caused an explosive growth in the crypto market: in the two weeks after the election, the value of Bitcoin increased by almost 50%. However, by the end of February, its value had seriously dropped against the backdrop of a decline in investor optimism.
