Trump to add 5 cryptocurrencies to strategic reserve
President Trump announced the addition of five cryptocurrencies—XRP, SOL, ADA, ETH, and BTC—to the US strategic reserves, boosting their values, with Cardano rising 43.58%.
- World
- Anadolu Agency
- Published Date: 02:09 | 03 March 2025
US President Donald Trump announced on Monday that five cryptocurrencies will be added to the country's strategic reserves.
Five cryptocurrencies are Ripple (XRP), Solana (SOL), Cardano (ADA), Ethereum (ETH) and Bitcoin (BTC), he explained on the social media platform Truth.
Mentioning his promise before the US presidential election last year, he said: "I will make sure the U.S. is the Crypto Capital of the World."
Last year, he pledged the US will be the "crypto capital" of the planet and said: "If crypto is going to define the future, I want it mined, minted and made in the USA. It is not going to be made anywhere else."
Trump said on Monday that with five cryptocurrencies, other valuable ones will also be the heart of the reserve.
Meanwhile, the White House will host its first cryptocurrency summit next Friday.
- CRYPTOCURRENCIES SOAR
Following Trump's announcement, the value of five cryptocurrencies posted significant increases.
Bitcoin's price rose by 6.85% during the last 24-hour period, and Ethereum soared by 4.7%.
Ripple gained 14% and Solana 11.15%, while Cardano jumped by 43.58%.
- Pope experiences 2 episodes of acute respiratory failure: Vatican
- US support for Ukraine may not last 'much longer,' Trump tells Zelensky
- US minerals deal on its own not enough to provide security guarantee for Ukraine: British premier
- Trump's national security advisor says Zelensky 'not ready to talk peace'
- Ukraine needs leader who can work with Washington: US advisor