US Bitcoin reserves a win-win for inflation and solidifying Bitcoin’s value

Earlier this month, President Trump reinvigorated crypto markets with his announcement of five cryptocurrencies for U.S. strategic reserves: Bitcoin 

Bitcoin

btc0.47%Bitcoin, Ethereum 

Ethereum

eth0.81%Ethereum, XRP 

XRP

xrp0.66%XRP, Solana 

Solana

sol1.99%Solana, and Cardano 

Cardano

ada-0.11%Cardano. In making this announcement, Trump has opened the door to a new financial era and created an opportunity for Bitcoin and other cryptocurrencies to go toe-to-toe with the leader in global reserve fiat currency, the US dollar.