#USCryptoReserve
President Trump's Cryptocurrency Reserve Announcement
President Donald Trump announced plans for the U.S. government to create a "Crypto Strategic Reserve" to hold various digital assets, including mainstream cryptocurrencies like Bitcoin and Ethereum, as well as lesser-known ones like XRP, Solana, and Cardano. This surprise announcement led to a temporary surge in cryptocurrency prices, which quickly returned to pre-announcement levels. The initiative aims to diversify government holdings and establish the U.S. as a leader in the cryptocurrency industry.