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Cryptocurrency News Articles
President Donald Trump's Decision to Create a U.S. Government Crypto Reserve Has Sparked Huge Excitement
Apr 02, 2025 at 09:47 pm
With the Treasury Department and federal agencies set to reveal their digital asset holdings, including Bitcoin, on April 5, all eyes are on which cryptocurrencies will make the cut.
President Donald Trump’s decision to create an official U.S. government crypto reserve has sparked huge excitement.
With the Treasury Department and federal agencies set to reveal their digital asset holdings, including Bitcoin, on April 5, all eyes are on which cryptocurrencies will be included in the U.S. crypto stockpile.
The president signed an executive order to create the U.S. Strategic Digital Asset Reserve, also known as the Digital Asset Stockpile, which will include various cryptocurrencies. As part of the plan, federal agencies have 30 days to report their Bitcoin and other crypto holdings to the Treasury Secretary.
This sets April 5 as the deadline for revealing the agencies’ crypto investments.
Key Point In Trump's Order
The order grants the Treasury and Commerce Secretaries the authority to expand the reserve using budget-neutral strategies. This allows them to acquire more crypto assets through strategic deals rather than allocating additional funds.
Moreover, the administration is setting up a framework for engaging with foreign partners on digital asset sanctions.
However, a week earlier, before signing an executive order, Trump took to Truth Social to drop hints about the digital assets he favors. Along with Bitcoin, he mentioned Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA).
These five cryptocurrencies could play a major role in the U.S. crypto stockpile.
The former president noted that despite the “haters and losers of the fake news media,” they reported on his post about the “big move” in crypto.
Trump said that the U.S. is setting up a Strategic Digital Asset Reserve, also known as the Digital Asset Stockpile, which will include various cryptocurrencies.
Top Altcoins To Watch
Among the cryptocurrencies that Trump mentioned in his post are Ethereum, Ripple, Solana, and Cardano.
These assets are also among the top cryptocurrencies by market capitalization, making them strong contenders for the reserve. Bitcoin remains the dominant player with a market value of $1.69 trillion.
Meanwhile, Ethereum follows closely with a market cap of $225.4 billion. XRP, Solana, and Cardano hold market capitalizations of $123.6 billion, $64.8 billion, and $24.14 billion, respectively.
If federal agencies confirm their holdings of these assets, it could trigger a significant rally in their prices.
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