Why Bitcoin Bulls Are Uneasy About Trump’s Proposed Crypto Reserve, Despite Longing for It

0
12
Why Bitcoin Bulls Are Uneasy About Trump’s Proposed Crypto Reserve, Despite Longing for It

Published:

A significant reaction against President Donald Trump’s announcement to incorporate three small and comparatively risky tokens into a highly anticipated U.S. strategic crypto reserve contributed to the decline of bitcoin and other digital assets on Monday.

Over the weekend, Trump revealed on his social media platform, Truth Social,

that the strategic crypto reserve he outlined would feature not only bitcoin (BTC) and ether (ETH), but also solana (SOL), cardano (ADA), and XRP.