US strategic reserve will include BTC, ETH, SOL, XRP, ADA

[Freemind]

Trump announced a little over an hour ago the cryptocurrencies that will be part of the strategic reserve.

There is more information in this article: President Trump says crypto reserve to include BTC, ETH, SOL, XRP, ADA.

Since this news (and Trump's Tweet) was published, Bitcoin is up $8,000 and looks like it could stay that way. The economic value of the other coins mentioned in the article has also grown significantly, especially XRP with an increase of 5.39%.

Do you think it is time for a new ATH or on the contrary is it too soon?.

[Stompix]

Do you think it is time for a new ATH or on the contrary is it too soon?.

Go full in all long for at least one full day when Europe and Asia wakes up, then go short it after people realize the president can't start the reserve fund without Congress approval, which will take at least a few months if possible.

Probably we will break 110k if nothing surfaces in the echo chamber but the bull run will not start until the reserve is actually approved!

[KingsDen]

Do you think it is time for a new ATH or on the contrary is it too soon?.

I would have been skeptical if the market didn't dump before this news. For the market to drop even to the range of 70k before this news is a sign of bull run. Everyone should pile up their portfolio because it is going to be massive and crazy. The real bull run is here. Now that Trump has mentioned it, every other stories emanating from this would be positive. Go take your position everyone.

[Z-tight]

I would have hoped to get only a BTC strategic reserve, or maybe just one altcoin only, but it is obvious that that's not going to happen. The price has reacted to the news, and when the reserve is finally approved, i am sure we'll cross $100k again and who knows how high it can rise from there on, we would simply have to wait and see.

[Baofeng]

Do you think it is time for a new ATH or on the contrary is it too soon?.

Go full in all long for at least one full day when Europe and Asia wakes up, then go short it after people realize the president can't start the reserve fund without Congress approval, which will take at least a few months if possible.

Asia will be awake or has awaken already, it's about 7 am here and yeah, we did awake from this news, from $78k to $95k. So let's see if Asia is going to push the price even further, China, Japan and South Korea market.

And the same as what I said before in our community, this is just an announcement and we really need to see this to be put in paper or in a executive order before we can truly see the US making Bitcoin and other crypto as a strategic national reserve.

[philipma1957]

Maybe trump gets it done.

It will be good news if it happens.

I am looking for a copy of the order to read it.


Wiki has a list of all his orders but it ends on March 1

Maybe they update it on monday


https://en.wikipedia.org/wiki/List_of_executive_orders_in_the_second_presidency_of_Donald_Trump

[ABCbits]

I don't know why Trump bother including highly centralized altcoin. SOL require enterprise-level hardware/internet to run validator node[1], while XRP uses proof of authority (PoA) mechanism[2].

Do you think it is time for a new ATH or on the contrary is it too soon?.

If i understood the news correctly, it's not official happened yet. So IMO it's too soon for new ATH.

[1] https://dailycoin.com/is-snowden-right-about-solana-how-centralized-is-the-network/
[2] https://cryptonews.net/news/altcoins/30178403/

[Stompix]

And the same as what I said before in our community, this is just an announcement and we really need to see this to be put in paper or in a executive order before we can truly see the US making Bitcoin and other crypto as a strategic national reserve.

Some are going to ask themselves what was the point of announcing late Sunday when basically nobody was paying attention, and not Monday when the actual paper would be signed, maybe it has something to do with all those "traders" that opened 50x long positions less than an hour before his posts?   
The same that might short it today?

[TomPluz]

Well, this time around it is Trump again that caused the market to be back on track. I am hoping that this can be the start of something bigger...maybe a new ATH in this month of March but we know how Bitcoin and the whole crypto market work...it is all about volatility. The market can react fast to something good and if there is no good news on the horizon the market can go down as fast as lightning. I assumed that getting back to the $90K level can take many weeks and I am wrong but I am still worried that we can go back to the $70K zone if that crypto strategic reserve can take time to really materialize.  This Trump announcement has become like an injection of new blood to the market...let's see if the injection can really work a sustainable magic or if there can be a need for another injection later.

[bitterguy28]

Trump announced a little over an hour ago the cryptocurrencies that will be part of the strategic reserve.

There is more information in this article: President Trump says crypto reserve to include BTC, ETH, SOL, XRP, ADA.

very surprising i will say. although he did say he wanted a pile of digital assets and not only bitcoin but i feel like most of us had focused way too much about bitcoin and had expected trump to only focus on bitcoin as well since that is the best cryptocurrency anyway and the project that should be at the forefront of trump's plans

altcoins haters would probably be mad at this i understand as i think there can be both good and bad to come out of this of course now we can hold altcoins that are cheaper than bitcoin and have them acknowledged legitimately but also possible bad outcome is if more memecoins would be gunning to be part of usa's reserve and if these altcoins or memecoins fail while being under the spotlight what would it bring to the community?

Do you think it is time for a new ATH or on the contrary is it too soon?.

in a few days or maybe even just tomorrow this is positive news after all despite the initial shock

[target]

And the same as what I said before in our community, this is just an announcement and we really need to see this to be put in paper or in a executive order before we can truly see the US making Bitcoin and other crypto as a strategic national reserve.

Some are going to ask themselves what was the point of announcing late Sunday when basically nobody was paying attention, and not Monday when the actual paper would be signed, maybe it has something to do with all those "traders" that opened 50x long positions less than an hour before his posts?   
The same that might short it today?

He is trying to manipulate the market and we people are also joining him pumping the market, those who panicked sold their BTC suffered and they scrambled to buy back while the price climbed fast.

The market however is still not convincing that it will really continue to go up, people are skeptical of this market because they already feel the manipulation.

[philipma1957]

And the same as what I said before in our community, this is just an announcement and we really need to see this to be put in paper or in a executive order before we can truly see the US making Bitcoin and other crypto as a strategic national reserve.

Some are going to ask themselves what was the point of announcing late Sunday when basically nobody was paying attention, and not Monday when the actual paper would be signed, maybe it has something to do with all those "traders" that opened 50x long positions less than an hour before his posts?   
The same that might short it today?

you mean you mean they like playing yo yo with crypto

nah the musky trumpeter would never do that would he? 

[zeeMN]

If all this is currently in the news, why are prices for BTC and altcoins falling   

Do crypto investors think this is a bluff, or something else is at play affecting price.

[hugeblack]

Probably we will break 110k if nothing surfaces in the echo chamber but the bull run will not start until the reserve is actually approved!

Let's see its effect on the downtrend, will the +60% corrections continue or will we see a less steep downward curve?

https://en.wikipedia.org/wiki/List_of_executive_orders_in_the_second_presidency_of_Donald_Trump

Last updated on March 2, 2025 so no order has been signed with the announcement, it may be on the 7th.

[Stompix]

Some are going to ask themselves what was the point of announcing late Sunday when basically nobody was paying attention, and not Monday when the actual paper would be signed, maybe it has something to do with all those "traders" that opened 50x long positions less than an hour before his posts?   
The same that might short it today?

you mean you mean they like playing yo yo with crypto

nah the musky trumpeter would never do that would he? 

Who, the guy that rugpulled his fans for a billion?
No, of course not, he will never do that!
I mean it's pretty normal for a president to brag about that exactly on a Sunday morning when most of the Americans that supposedly he cares about are either sleeping or relaxing.
Definitely not suspicious!

Do crypto investors think this is a bluff, or something else is at play affecting price.

The insiders dumped their bags, the rest of us can look forward to the next pump and dump.