Trump Declares Bitcoin and Ethereum Key to America’s Crypto Strategy

Former U.S. President Donald Trump has expanded on his proposal for a national cryptocurrency reserve, confirming that Bitcoin (BTC) and Ethereum (ETH) will be central to the initiative.

In a post on Truth Social, Trump stated, “And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be at the heart of the Reserve. I also love Bitcoin and Ethereum!” This comes shortly after his initial announcement, where he proposed a U.S. Crypto Reserve featuring XRP, Solana (SOL), and Cardano (ADA).

Trump’s latest statement reinforces his commitment to positioning the U.S. as a global leader in cryptocurrency. He has increasingly voiced support for the industry, contrasting his stance with the regulatory crackdowns seen under the current administration.

The addition of Bitcoin and Ethereum to the proposed reserve highlights the inclusion of the two largest digital assets by market capitalization, signaling a broader vision for the initiative beyond just select altcoins.

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The move is expected to spark discussions on how a government-backed crypto reserve would function and its potential impact on markets. With Bitcoin and Ethereum already dominant in the crypto ecosystem, their inclusion could lend further legitimacy to Trump’s proposal.

While no official policy details have been released, Trump’s repeated endorsements of cryptocurrency suggest that digital assets may play a larger role in his economic strategy should he return to office.

Alexander Stefanov