Trump names bitcoin, ether, XRP, solana and cardano for strategic reserve
Bitcoin and ether rise more than 10% on the news
Trump has moved quickly to back crypto industry policy priorities
WEST PALM BEACH, Florida, March 2 (Reuters) - U.S. President Donald Trump on social media announced the names of five digital assets he expects to include in a new U.S. strategic reserve of cryptocurrencies on Sunday, spiking the market value of each.
Trump said in a post on Truth Social that his January executive order on digital assets would create a stockpile of currencies including bitcoin , ether , XRP , solana and cardano . The names had not previously been announced.
