The Trump Effect : An Announcement that Blows Up Prices

The cryptocurrency markets are often shaken by political announcements, but rarely with such intensity. Donald Trump, the President of the United States, unveiled an unprecedented project: the creation of a national strategic reserve of cryptocurrencies.

The cryptocurrency markets are often shaken by political announcements, but rarely with such intensity. Donald Trump, the President of the United States, unveiled an unprecedented project: the creation of a national strategic reserve of cryptocurrencies.

This announcement, part of his administration's broader agenda to streamline and improve the U.S. government, has triggered a skyrocketing of the market, with bitcoin briefly above $95,000. However, behind this excitement, major uncertainties remain. The project still has to pass the test of Congress, and some experts are questioning its real feasibility and lasting impact.

Announced in an interview with the American broadcaster CNBC, Trump's statement has set the crypto sphere ablaze. As part of his working group on cryptocurrencies, tasked with including bitcoin, Ethereum, XRP, Solana, and Cardano in a strategic reserve.

“We must ensure that America remains a leader in financial innovation,” Trump said, adding that this initiative aims to guarantee digital sovereignty in a context of increased international competition.

This announcement has immediate triggered a bullish rally in the market. The total capitalization of cryptocurrencies jumped by 7 %, or $3,040 billion, while bitcoin soared by 7.7 % intraday.

The altcoins mentioned by Trump also exploded: Cardano (ADA) flirted with $1.17 before falling back, and Solana showed a similar performance.

Thus, enthusiasm was particularly marked among investors looking to anticipate potential acquisitions by the U.S. government. However, some experts warn that the project's realization could be slow and face obstacles in Congress.

If the enthusiasm was immediate, the uncertainty about the realization of the project begins to temper the ardor. The idea of a strategic crypto reserve must necessarily obtain the approval of Congress, which could take several months or even be blocked by political opposition.

Aurélie Barthere, senior analyst at Nansen, warns: “Creating a reserve through direct purchase of cryptos is a complex process that will require a vote from Congress. This will take time, and the sustainability of this surge remains uncertain.”

Meanwhile, the markets remain volatile. Nicolai Sondergaard, also an analyst at Nansen, highlights the short-term risks: “These gains are positive for the market, but the real question is whether this project will really come to fruition. Without realization, this announcement could ultimately be a negative signal for cryptos.”

Already, some investors are taking their profits, as evidenced by the rapid correction of ADA and SOL.

The next key deadline is set for March 7, the date on which Trump will host the first crypto summit at the White House. An event that could clarify the outlines of this national reserve and provide a first indication of its viability.

In the meantime, caution remains essential: between an ambitious project and a legislative reality that is often slower and more unpredictable, the market could still experience many jolts.