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Cryptocurrencies saw an increase in value on Sunday after the announcement of President Donald Trump concerning the creation of a Strategic bitcoin reserve for the United States. The reserve, originally announced on March 2 as the Strategic cryptography reservewill now focus exclusively on Bitcoin (BTC), aligning with Trump’s vision to strengthen the American role in the world cryptocurial market.
THE Digital asset storageA later initiative, should include Ethereum (ETH), Solana (Sol) and XRP. This initiative reflects the broader strategy of Trump’s digital assets, designed to support industry and promote the United States as a leader in the adoption of cryptocurrency.
In an article on Truth Social, Trump said: “An American crypto reserve will raise this critical industry after years of attacks by the Biden administration. My executive decree on digital assets orders the presidential working group to move forward on the creation of this strategic reserve, which will include XRP, Sol and ETH.”
Bitcoin experienced a significant increase of 10% on February 28, 2025, reaching $ 94,343.82, after a drop of less than $ 80,000 earlier in the week. Ethereum, despite major losses at the beginning of 2025, also won 13%. These price movements reflect optimism surrounding the new strategic plans of the American government.
Trump will host the first White House Crypto summit This Friday, where investors and industry professionals will look forward to details on the management of the Strategic bitcoin reserve and its impact on the market.
This marks a passage from the previous idea of โโa National Stockpile Bitcoin As the more active approach of a reserve, which will involve the regular acquisition of Bitcoin to accumulate American assets. This decision is considered a means of supporting the growth and long -term stability of Bitcoin and other digital assets.
While the Strategic bitcoin reserve focuses only on the BTC, other digital assets will be included in the Digital asset storage. As part of this initiative, Trump aims to create a system that protects the American financial system by integrating Ethereum, Solana and XRP into the stock, which is distinct from the strategic reserve plans.
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