#CryptoMarketWatch #CryptoMarketWatch This week, American President Donald Trump announced the establishment of a strategic reserve for Bitcoin in America, which is expected to include around 200,000 Bitcoins currently owned by the government through the seizure of funds linked to illegal criminal activities known as the 'Silk Road Project'.

Trump appointed Scott Biesent and Howard Luten/Yeck as officials to increase the reserve through efforts to acquire more Bitcoin. Trump confirmed that these coins will not be sold, which enhances their value. However, this announcement was disappointing to the cryptocurrency community, which thought that the establishment of a strategic Bitcoin reserve by the U.S. administration would involve strong purchases and not just maintaining the U.S. government's holdings of Bitcoin.

In addition, Trump announced plans to create a stock of cryptocurrencies that includes assets such as Ethereum (ETH), Solana (SOL), Cardano (ADA), and XRP. However, no active efforts will be made to expand this stock, unlike the Bitcoin reserve.