The president of the United States, Donald Trumpfive said on Sunday cryptocurrencies That his government is considering for a new “strategic reserve” of the United States, which caused their values to shoot and partially reversed a recent fall.
In a publication on his social Truth network, the Republican tycoon said that a working group that created shortly after assuming the position at the end of January is advancing with the formation of the reserve, which will include three cryptocurrencies of the smallest level: XRP, Solana and Cardano.
“A crypto reserve of the United States will raise this key industry after corrupt attacks by the administration of (Joe) Biden”he declared in his social social network.
The value of those three cryptocurrencies rebounded with the news, and XRP quoted with a 34% rise at 1:00 pm in Washington. Solana won about 22% and Cardano rose more than 63%.
A few minutes later, Trump published comments again, noting that other valuable cryptocurrencies already extended, such as the Bitcóin and Ether, they would be in “the heart of the reserve”, which caused the price of the two main digital currencies to increase more than 10% and 12%, respectively.
These Trump messages helped stimulate a broad rebound between digital currencies, which had collapsed in recent days as the tariff threats of the tycoon and new scandals that affect the sector shook investors’ confidence in these highly volatile assets.
Nor is it the first time that Trump and his nearby circle think about the cryptocurrency sector.
Both Trump and his wife Melania recently launched their own brand meme coins, which caused accusations that they sought to make money with their political success.
Trump plans to host next Friday at the White House The first cryptocurrency summit promoted by an American president.
The multimillionaire businessman Elon Musk – Trump’s political health and now head of an entity in charge of cutting federal expenditure in order to improve government efficiency – has also frequently promoted cryptocurrencies in its own social network, X.
Source: AFP and EFE
You may be more interested in cryptocurrencies
- The dark past of the crypto entrepreneur who crossed with Milei
- MILEI CASE AND $ LIBRA: The role of public figures in the promotion of cryptoactives
- Bitcóin falls under US $ 90,000 in cryptocurrency sales wave
Source: Gestion
Ricardo is a renowned author and journalist, known for his exceptional writing on top-news stories. He currently works as a writer at the 247 News Agency, where he is known for his ability to deliver breaking news and insightful analysis on the most pressing issues of the day.
