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Cryptocurrency News Articles

Trump to Launch a Bitcoin (BTC) and Ethereum (ETH) Strategic Reserve

Mar 03, 2025 at 02:13 am

In another post, he added, “And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be the heart of the Reserve. I also love Bitcoin and Ethereum!"

Trump to Launch a Bitcoin (BTC) and Ethereum (ETH) Strategic Reserve

In another post, he added, “And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be the heart of the Reserve. I also love Bitcoin and Ethereum!”

Bitcoin recently fell below $80,000 amid Trump Tariffs after hitting its all-time high of $109,350 in January.

On November 6, 2024, when Donald Trump won the US Presidential elections, Bitcoin crossed the $75,000-mark to hit its all-time high of $75,011.06, supported by significant inflows into exchange-traded funds (ETFs) amid reports of Donald Trump’s gains in the US presidential elections.

Bitcoin continued to surge after the Trump victory on a pro-crypto agenda and hit its peak of $109,350 in January 2025.

Trump is hosting the first White House Crypto Summit on Friday. His family has also launched its own coins.

What Is A Crypto Strategic Reserve?

A Crypto Strategic Reserve is a government-managed pool of major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA), held as part of national reserves. Similar to how countries store gold or foreign currencies for economic stability, this reserve would help in financial security, crisis management, and supporting digital asset policies. It ensures the government has access to valuable crypto assets for future economic or technological use.

It’s not clear how the new stockpile will be set up or work.

According to Reuters, analysts and legal experts are divided on whether an act of Congress will be necessary. Some have argued the reserve could be created via the U.S. Treasury or an executive order from the president.

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Other articles published on Mar 03, 2025