Why bitcoin bulls aren’t happy about Trump’s plans for a U.S. crypto reserve
March 3, 2025
Published: March 3, 2025 at 5:34 p.m. ET
A backlash over President Donald Trump’s plan to include three small and relatively risky tokens in an eagerly awaited U.S. strategic crypto reserve helped largely erase a rally for bitcoin and other digital assets on Monday.
Trump over the weekend announced on his social-media platform Truth Social DJT that the strategic crypto reserve he proposed would include not just bitcoin BTCUSD and ether ETHUSD, but also solana SOLUSD, cardano ADAUSD and XRP XRPUSD.
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