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Trump announces strategic crypto reserve including bitcoin, Solana, XRP and more

Published on: 2025-07-08 16:57:26

FRANCE - 2025/01/20: In this photo illustration, Trump Meme , Trump the Crypto president, is seen displayed on a smartphone screen. (Photo Illustration by Romain Doucelin/SOPA Images/LightRocket via Getty Images) Cryptocurrencies rallied on Sunday after President Donald Trump announced the creation of a U.S. strategic crypto reserve that will include bitcoin and ether , as well as XRP , Solana's SOL token and Cardano's ADA , he said in a post on Truth Social. "A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA," the post said. "I will make sure the U.S. is the Crypto Capital of the World." "And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be at the heart of the Reserve," he said in a follow-up post. XRP surged 33% after the announ ... Read full article.