JPMorgan Questions Inclusion of Certain Cryptos in U.S. Reserve

JPMorgan has expressed reservations about including cryptocurrencies like XRP, Solana (SOL), and Cardano (ADA) in the proposed U.S. strategic crypto reserve, citing concerns over their risk and volatility. The bank also notes that the likelihood of such a reserve gaining approval is less than 50%, primarily due to anticipated challenges in Congress. This skepticism aligns with broader caution among policymakers regarding the adoption of cryptocurrencies as reserve assets. While President Trump has announced plans to include Bitcoin (BTC), Ethereum (ETH), XRP, SOL, and ADA in the reserve, the path to implementation remains uncertain amid these concerns. #TrumpCongressSpeech #WhiteHouseCryptoSummit