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“A U.S. cryptocurrency reserve will boost this vital industry following years of corrupt assaults by the Biden administration, which is why, through the Digital Assets Executive Order, I have instructed the President's Task Force to advance the creation of a cryptostrategic reserve that incorporates XRP, SOL, and ADA currencies,” Mr. Trump stated on Truth Social.
Following this communication, the digital currencies highlighted by the U.S. president skyrocketed in value. As reported by Coinmarketcap, the XRP exchange rate has increased by 37% in the last 24 hours, the price of one Solana (SOL) token has gone up by 25%, and Cardano (ADA) has surged over 70%.
One hour after his first remark, Mr. Trump stated that the reserve fund will also “naturally” encompass bitcoin, ethereum, and other cryptocurrencies with strong market capitalization. Against this backdrop, the BTC exchange rate hit $92.7 thousand, gaining over 8% in the past day.
source: coinmarketcap.com
Following this communication, the digital currencies highlighted by the U.S. president skyrocketed in value. As reported by Coinmarketcap, the XRP exchange rate has increased by 37% in the last 24 hours, the price of one Solana (SOL) token has gone up by 25%, and Cardano (ADA) has surged over 70%.
One hour after his first remark, Mr. Trump stated that the reserve fund will also “naturally” encompass bitcoin, ethereum, and other cryptocurrencies with strong market capitalization. Against this backdrop, the BTC exchange rate hit $92.7 thousand, gaining over 8% in the past day.
source: coinmarketcap.com
