#BTCReserveStrategy Strategic Reserve of US Cryptocurrencies: Why Trump Needs It and How It Will Change the World

On March 3, Bitcoin rose by more than 20% from last week's lows. This happened after the US President announced plans to include it and some other digital assets in a new strategic crypto reserve of the United States. Why is the crypto market rising again, what does the creation of a crypto reserve mean for the global economy and private investors.

About the work on creating the 'crypto-strategic reserve,' Trump wrote last weekend on social media. According to him, the reserve will include Bitcoin and Ethereum, as well as lesser-known cryptocurrencies - XRP, Solana, and Cardano.

'Although the announcement of the cryptocurrency reserve has been a catalyst for short-term price increases in cryptocurrency, its long-term impact remains in doubt. No actual details have been revealed yet,' says Nick Pakrin, a financial analyst, investor, and co-founder of The Coin Bureau. He is confident that more concrete information about the cryptocurrency reserve plan is necessary for sustainable market growth to convince investors of its value.