#TrumpCongressSpeech In his recent address to Congress, President Donald Trump announced plans to establish a U.S. Crypto Strategic Reserve, aiming to position the United States as a leader in digital financial technology. This reserve is set to include major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA).

The initiative follows Executive Order 14178, signed in January 2025, which revokes previous prohibitions on central bank digital currencies and mandates the development of a federal regulatory framework for digital assets within 180 days.

Trump that this move seeks to elevate the cryptocurrency industry after what he described as years of "corrupt attacks" by the previous administration.

This announcement has had a notable impact on the cryptocurrency market, with prices for the mentioned digital assets experiencing significant fluctuations following Trump's revelation.

However, the proposal faces challenges, including the need for congressional approval and opposition from several Republican-led states, which have recently rejected similar initiatives.

Overall, Trump's speech underscores a strategic pivot towards embracing digital currencies, reflecting a broader effort to modernize the U.S. financial system and assert dominance in the evolving global digital economy.