US President Trump announced a crypto strategic reserve that includes BTC, ETH, XRP, SOL, and ADA to position the US as a global crypto leader.
American President Donald Trump announced overnight the creation of a U.S. Crypto Strategic Reserve. The news, long heralded throughout the Trump campaign, reignited price momentum on crypto markets.
Bitcoin and Ethereum both hit 3-month lows as crypto markets undergo a significant reset. A mix of negative sentiment, economic concerns, and broader macro uncertainty has weighed on investors, leading to sharp declines.
Post-election highs give way to market recalibration amid meme coin mania and major hacks.
Over the past trading week, ETH gained more than 5%, despite a major hack on one of the world’s largest exchanges on Friday. The crypto industry responded with unity, as key players took action to manage the fallout.
Marking a new era for Aussie investors, crypto matures with institutional investment and regulatory shifts.