Trump’s U.S. Crypto Reserve Sparks Market Surge
- The U.S. crypto reserve announcement increased the market value by $300 billion.
- Bitcoin rose by 8%, while Ethereum gained 11% following the announcement.
- XRP, Solana, and Cardano were initially included in the reserve; Bitcoin and Ethereum were added later.
- Cardano experienced a significant surge, with a gain of up to 75%.
- CryptoQuant CEO Ki Young Ju suggested Trump’s strategy aims for U.S. dominance in the crypto market.
The establishment of a U.S. crypto reserve led to a $300 billion increase in total crypto market value, with notable gains for Bitcoin and Ethereum at 8% and 11%, respectively.
Source (2.6)https://coingape.com/cryptoquant-ceo-explains-how-trump-made-crypto-a-weapon-for-us-dominance/?rand=24432
