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Trump announces creation of cryptocurrency reserve and bitcoin surges 10%
The President described, on his social network, assets that should make up the reserve
By Larissa Maia, Valor Investe — São Paulo
02/03/2025 5:35 PM Updated 4 hours ago
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The president of the United States, Donald Trump announced the creation of the strategic reserve of cryptocurrencies for the country, which should include bitcoin, SOL from solana, Ethereum, among others. The statement was made by the politician himself on his social network, Truth Social, this Sunday (2).
"A crypto reserve of MA will elevate this crucial industry after years of corrupt attacks from the Biden government. Therefore, my MAxecutive Order on Digital Assets has instructed the Presidential Working Group to move forward with a MAstrategic Crypto Reserve that includes XRP, SOL, and ADA. I will ensure that MA will be the Crypto Capital of the World. We are making America great again, says the post."