#USCryptoReserve
In a historic move, President Donald Trump has signed an executive order to establish a national cryptocurrency reserve worth $350 billion, incorporating digital assets such as XRP, Solana ($SOL), and Cardano ($ADA). This initiative seeks to strengthen the United States' position in the global cryptocurrency market and has generated a significant impact on financial markets.
Market Reactions:
Bitcoin ($BTC): Following the announcement, Bitcoin surpassed the $90,000 mark, evidencing an increase in investor confidence in the cryptocurrency market.
XRP: The inclusion of XRP in the reserve triggered a 30% increase in its value, reaching over $2.90 for the first time in a month. However, it subsequently experienced a 10% correction, suggesting profit-taking by some investors.