According to BlockBeats, U.S. President Donald Trump appears to be employing a classic negotiation strategy reminiscent of real estate dealings to fulfill his promise of establishing a strategic cryptocurrency reserve. This approach involves initially proposing an extreme offer to create leverage against negotiating opponents, ultimately settling at a lower price that aligns with the original goal.
Observers suggest that Trump's mention of alternative cryptocurrencies might be a strategic move to overwhelm opposition in Congress and gain leverage in discussions about the strategic cryptocurrency reserve. Ilan Solot, a senior global market strategist at Marex Solutions, noted that this could be a typical negotiation tactic by Trump. By advocating for a reserve that includes cryptocurrencies like XRP, SOL, and ADA, Trump might aim to secure reserves of Bitcoin, and possibly Ethereum.