U.S. President Donald Trump announced the names of 5 cryptocurrencies expected to be included in the new U.S. strategic reserve for digital currencies, which instantly raised their values last night.

Trump said on social media that the executive order he issued in January regarding digital assets would lead to a stock of currencies including Bitcoin, Ethereum, XRP, SOL, and ADA, and these currencies had not been announced before.

Increases

Bitcoin rose by 7% to $91,960 during the last 24 hours in the latest transactions.

Ethereum increased by 4.78% to $2,348.8.

XRP rose by 14% to $2.58.

Solana increased by 11.24% to $160.33.

Trump stated that the executive order he issued provided "guidance to the presidential working group to move forward with the strategic reserve of cryptocurrencies that includes Ripple, Solana, and Cardano. I will ensure that the United States is the capital of cryptocurrency in the world." #XRP #ETH #sol #BTC #ADA

Are these indicators of a rise for the mentioned currencies and an attractive opportunity for investors, or is it a trap to lure capital in this crazy world (the crypto world)?