Trump’s Crypto Reserve Plan Sparks Market Rally, Bitcoin and Ether Surge

Washington : The cryptocurrency market saw a significant surge on Sunday after U.S. President Donald Trump announced that his administration is considering a "strategic reserve" of digital assets, with Bitcoin and Ether at its core. The move led to an immediate rally in cryptocurrency prices, reversing recent declines driven by tariff threats and regulatory concerns.

Five Cryptocurrencies Under Consideration

In a post on Truth Social, Trump revealed that a government working group, formed shortly after his return to office, is actively advancing plans for the U.S. to establish a reserve of cryptocurrencies.

He named five digital currencies under consideration for inclusion:

• Bitcoin (BTC) and Ether (ETH) as the foundation of the reserve
• XRP, Solana (SOL), and Cardano (ADA) as the three additional assets

The announcement immediately triggered a market rally, with prices of Bitcoin rising over 10% and Ether climbing more than 12%. Meanwhile, the smaller altcoins saw even bigger gains—XRP soared by 34%, Solana jumped 22%, and Cardano skyrocketed by more than 63%.

Market Impact and Investor Reactions

Trump’s remarks helped stabilize the crypto market, which had been experiencing volatility due to concerns over U.S. trade policies, regulatory crackdowns, and ongoing scandals in the sector.

The president’s renewed focus on digital currencies signals a potential shift in the U.S. government’s approach toward crypto regulation. While past administrations have adopted a cautious stance, Trump’s post suggests that his team may be moving toward a more proactive integration of cryptocurrencies into financial policy.

Trump, Musk, and Crypto: Political and Business Ties

This is not the first time Trump and his inner circle have made waves in the cryptocurrency industry.

• Both Trump and former First Lady Melania Trump have previously launched branded meme coins, drawing criticism for allegedly profiting from political influence.
• Elon Musk, a close political ally and head of the U.S. Department of Government Efficiency (DOGE), has long been a vocal supporter of cryptocurrency, frequently influencing the market through his posts on X (formerly Twitter).

Future of the U.S. Crypto Strategy

While details of the strategic reserve remain unclear, analysts speculate that the initiative could be part of a broader effort to integrate cryptocurrencies into U.S. economic policy, potentially offering a hedge against inflation or geopolitical risks.

Despite the initial enthusiasm, financial experts caution that the long-term impact will depend on how the administration structures the reserve, regulates the market, and addresses security concerns.

For now, Trump's statements have ignited fresh momentum in the crypto world, leaving investors eagerly awaiting further policy developments.