U.S. President Donald Trump announced plans to establish a "Crypto Strategic Reserve," aiming to make the U.S. the "crypto capital of the world." The reserve will include Bitcoin, Ethereum, XRP, Solana, and Cardano. The announcement triggered a sharp rally, with these cryptocurrencies seeing significant price gains.

In a series of posts on Truth Social, Trump expressed his endorsement of Bitcoin and Ethereum, stating, "And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be the heart of the Reserve. I also love Bitcoin and Ethereum!"He further detailed his vision for the U.S. cryptocurrency sector, highlighting plans to create a U.S. Crypto Reserve aimed at bolstering the industry. "A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA. I will make sure the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!"

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