US President Donald Trump announced his plan to create a national crypto currency reserve. Bitcoin in the first place $91,278.90 It was stated that different crypto currencies could be included. However, market experts predict that the reserve will be shaped in a way that consists almost entirely of Bitcoin. This development is considered a harbinger of a major transformation in the US’s digital economic policies.
Bitcoin weighted reserve claims
Trump’s crypto currency reserve, especially Solana, XRP, Cardano $0.961651 and Ethereum
$2,295.31 it had a variety of structure expected to include assets. However, experts argue that the majority of the reserve will be Bitcoin at the last stage. Matt Hougan, Bitwise Chief Investment Officer, said that the options other than Bitcoin unnecessarily complicate the reserve.
The expectations that Bitcoin would be the main element of the reserve caused different interpretations among market players. Some analysts emphasize that Bitcoin should only be included in such a reserve, while others say that the creation of a more ambitious portfolio is a more solid policy. However, according to Hougan, Bitcoin will become dominant when the reserve structure is simplified.
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Market reactions and political effects
Following the announcement of Trump’s reserve plan, Bitcoin prices took place instantly. However, fluctuations occurred in the market later. Experts, price movements were largely due to the uncertainties about the exact structure of this reserve, he says.
Howard Lutnick, US Department of Commerce, announced that Bitcoin could gain a special status on this reserve. This may trigger the creation of similar reserve models of other countries. The US Digital Economic Policy is closely monitored in the international arena and the exact details of the plan are expected to become clear in the coming meetings.
Some market commentators say that this initiative gives positive signals in the US strategy on the crypto currency market. Hougan, despite the deficiencies in the reserve structure, the general appearance is positive, he said. Investors and sector representatives closely follow updates regarding the exact framework of the reserve.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.