Trump announced a U.S. strategic crypto reserve, aiming to position the country as the Crypto Capital of the World. The reserve will include Bitcoin, Ethereum, XRP, Solana’s SOL, and Cardano’s ADA. The announcement triggered a market rally, with Bitcoin climbing 10% to over $94,000. Ether, Solana, XRP, and Cardano also jumped on the news. Trump's support for a crypto reserve marks a shift from a stockpile. A reserve implies ongoing accumulation, while a stockpile merely means holding existing government-owned crypto. Investors await the White House Crypto Summit on Friday for insights into Trump's crypto reserve plans.
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