#MastercardStablecoinCards Things You Should Know About Trump's Digital Currency Plan
#trmp20jan Things You Should Know About Trump's Digital Currency Plan
U.S. President Donald Trump revealed his plan to build a "National American Reserve of Digital Currencies," similar to the national reserve of gold and precious metals, which is a clear indication of the importance of these currencies to Trump, his administration, and his supporters.
Although this plan sparked outrage among investors and Republicans, Trump remains steadfast in his approach, which has led to a rise in the prices of a range of digital currencies expected to be included in the national reserve, resulting in price fluctuations in Bitcoin and others. The price of Bitcoin, for instance, surged to $93,000 before dropping to an average of $83,000.
$TRUMP $BTC $BNB But what exactly is Trump's digital currency plan? And why has it had such an effect on their prices? Does this impact extend beyond the United States?