Bitcóin goes back after rebound by Trump’s publication on cryptocurrency reserve

The Bitcoin backed on Monday, cutting Sunday’s rebound after the comments of US President Donald Trump about a strategic cryptocurrency reserve.

Trump mentioned five cryptocurrencies that his government is considering for a new “Strategic reserve”From the United States, which caused their values ​​to shoot and partially reversed a recent fall.

In a publication in his social Truth network, the Republican magnate 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 smaller level: XRP, Solarium and Cardano.

The value of those three cryptodivisas rebounded with the news, and XRP quoted with a 34% rise at 1:00 p.m. in Washington (18h00 GMT). Solana won about 22% and Cardano rose more than 63%.

A few minutes later, Trump published comments again, noting that others cryptocurrencies Valuable already extended, such as Bitcóin and Ether, 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 sector of the cryptocurrencies.

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.

The multimillionaire businessman Elon Musk – Trump’s political aliado and now head of an entity in charge of cutting federal expenditure in order to improve government efficiency – has also frequently promoted the cryptocurrencies In his own social network, X.

Source: Gestion

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