It's Official – US Bitcoin Reserve Implemented, But Don't Expect It to Be Only BTC

After the idea was first introduced by Senator Cynthia Lummis last year, speculation had mounted among the community whether it could become a reality.

US President Donald Trump has announced the creation of a strategic crypto reserve, including Bitcoin, Ethereum, Solana, XRP and Cardano. The announcement, which was made on Truth Social, comes after Senator Cynthia Lummis first proposed the idea last year.

"I am announcing the implementation of a national strategic reserve containing digital assets, to be named after the great Senator Cynthia Lummis, who first proposed the idea," Trump wrote.

The announcement comes after a week of tumultuous price action, which saw most major cryptocurrencies fall to 2025 lows and the crypto sector desperate for some good news to drag us out of the lull.

With so much money bleeding from the market over the last fortnight, it looks like investors were already primed for a correction - and Trump's announcement kicked things into overdrive.

Bitcoin quickly recovered to over US $90k (AU $145k), posting 10% gains in the last 24 hours.

Solid, but is anyone surprised that BTC rebounded from its 2025 lows?

But the altcoins are another story.

Ethereum, suffering from a lackluster 12 months, jumped 13% on the news, while XRP and Solana broke out of their slumps to gain 34% and 24% respectively.

However, it was one coin in particular that sent out reminders of altcoin seasons of cycles past.

Cardano (ADA), is still trading well below its all-time high - but after the last 24 hours, the project is making a pushback to its glory days. The coin ballooned a whopping 68% in just 24 hours of trading, in one of the biggest single-day jumps in recent memory.

The Strategic Reserve itself may not necessarily involve the US Government actually buying digital assets.

Although details are still quite murky, some believe the Government will simply build the Reserve out of its pre-existing holdings.

For years, the US Government has held, and eventually sold, all crypto assets seized via law enforcement. This would likely be the simplest path forward for the Reserve, requiring the least regulatory and legislative work.

However, if Trump and co wish to build the stockpile through Treasury investment - or another, similar vessel - we may still have to wait for a dogfight in the Senate before the reserve goes live.

The post US President Trump Announces Plans for Strategic Crypto Reserve appeared first on Bitcoin Magazine.

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