Trump Sends Crypto Market Soaring After Announcing Five Coins Included In His Strategic Reserve

President Donald Trump announced Sunday his administration is moving to create a U.S. “strategic reserve” of cryptocurrencies, sending digital asset markets surging.

Trump said the reserve would include Bitcoin, Ethereum, XRP, Solana and Cardano — five of the largest and most actively traded cryptocurriencies. The move reinforces the president’s pivot toward the industry after longstanding skepticism from previous administrations, and from Trump himself.

“A U.S. crypto reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA.” Trump wrote in a Truth Social post Sunday. “I will make sure the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!”

The announcement comes as the Trump administration moves to reverse course on the Biden-era regulatory crackdown on digital assets, initially through a January executive order establishing the “President’s Working Group on Digital Asset Markets,” which has been tasked with developing policy recommendations for the sector.

Trump’s declaration immediately sent prices of the named cryptocurrencies