President Donald Trump has taken significant action to reinforce the United States’ leadership in cryptocurrency and blockchain technologies. On Thursday, he signed an executive order that introduces strategic changes in digital finance policies. However, this development led to only a limited movement within the cryptocurrency market.The executive order contains two key innovations. The first involves the establishment of a working group aimed at improving existing regulations and creating a comprehensive framework for the cryptocurrency market. This group is expected to present initial proposals within 60 days and a detailed strategy within 180 days.
Donald Trump Cryptocurrency Executive Order
The second innovation considers the potential creation of a national digital asset, or cryptocurrency reserve. However, this topic is still under research, leading to speculation in the market about the U.S. possibly establishing a Strategic Bitcoin Reserve.
Following the executive order, Bitcoin (BTC) $105,762 briefly touched the $106,000 level but quickly fell back to around $105,000. This movement signaled a 3% change, while Ethereum (ETH) $3,370 rose by 6%. Altcoins like Solana $262 (SOL) and XRP saw increases of 8% and 3%, respecti
vely.#TrumpCryptoOrder