President Trump just announced a big surprise! The US government is creating a Bitcoin reserve – a giant pile of Bitcoins – taken from criminals, not your taxes. This is a huge deal for cryptocurrency, like having a really big piggy bank full of digital money.
- The US will hold Bitcoin and other cryptocurrencies.
- Big names in crypto are meeting at the White House to talk about it.
- This might make other countries want to buy Bitcoin too!
Cryptocurrency | What happened |
---|---|
Bitcoin | Initially dropped below $85,000, then went back up to around $90,700. |
Solana (SOL) | Increased by 21% in the last 7 days. |
Cardano (ADA) | Increased by 2% in the last 7 days. |
XRP | Nearly 42% increase last week. |
The White House Crypto Summit is happening on March 7th, 2025, and it's going to be exciting to see what happens next!