In a move that has sent shockwaves through the crypto world, U.S. President Donald Trump has revealed plans to establish a Crypto Strategic Reserve, aiming to position the United States as the “Crypto Capital of the World.” The announcement, made via a series of Truth Social posts, has already had a massive impact on the market, with major cryptocurrencies—including Bitcoin, Ethereum, XRP, Solana, and Cardano—experiencing significant price surges.
Crypto Prices Surge After Trump’s Announcement
Trump’s revelation named five key cryptocurrencies—Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA)—as assets he wants included in the upcoming U.S. Crypto Reserve. Following the announcement, the market responded swiftly:
- Bitcoin (BTC): Jumped 11%, hitting $94,164
- Ethereum (ETH): Rose 13%, reaching $2,516
- XRP: Surged 33%
- Solana (SOL): Gained 25%
- Cardano (ADA): Soared over 60%
The total cryptocurrency market cap added more than $300 billion in just a few hours after the news, reflecting growing investor confidence in Trump’s pro-crypto stance.
A Dramatic Shift from Biden’s Anti-Crypto Policies
Trump’s embrace of crypto marks a stark contrast to his predecessor, Joe Biden, who led a regulatory crackdown on the industry. Under Biden, agencies like the SEC aggressively pursued lawsuits against major exchanges, citing concerns about fraud and money laundering.
Now, under Trump’s administration, crypto-friendly policies are taking center stage, with the SEC withdrawing legal actions against companies like Coinbase and easing restrictions on digital assets.
What We Know About the Crypto Reserve Plan So Far
While the full details of the Crypto Strategic Reserve remain unclear, Trump has signed an executive order directing the Presidential Working Group to move forward with the initiative.
The order, issued in January, tasked the group with exploring the creation and maintenance of a national digital asset stockpile, which could include crypto assets acquired through government seizures or direct purchases.
Interestingly, this marks the first time Trump has used the term “reserve” instead of “stockpile.” The difference is significant:
- A stockpile would imply holding onto Bitcoin and other assets without actively trading them.
- A reserve suggests a more active approach—potentially buying crypto in regular installments as part of a broader financial strategy.
Trump’s Crypto Summit: What to Expect on Friday
To provide further insight into the plan, Trump is set to host the first-ever White House Crypto Summit on Friday. Investors, analysts, and industry leaders will be watching closely to see how the reserve will function and whether Congress will need to be involved in its creation.
Given the scale of the announcement, some big questions remain:
- Will the government buy crypto directly, or just hold onto seized assets?
- Will the U.S. expand its holdings beyond these five cryptos?
- Could this lead to stablecoin or CBDC developments?
A Game-Changer for the Crypto Industry?
Trump’s latest move has sparked speculation that the U.S. could be on the cusp of mainstream crypto adoption at a governmental level. If the Crypto Strategic Reserve becomes reality, it could legitimize digital assets like never before, cementing their place in national economic policy.
With Trump publicly backing Bitcoin and Ethereum—even stating, “I also love Bitcoin and Ethereum!”—his administration is setting the stage for a new era in American crypto regulation.
One thing is certain: whether you’re a Bitcoin believer or just a curious spectator, crypto is now officially a matter of U.S. policy—and the world is watching.
