President Trump wants to create a "Crypto Strategic Reserve"—a government stash of cryptocurrencies like Bitcoin and Ethereum. This is like a super-secret savings account, but for digital money! He hopes this will make crypto prices go up.
- Trump's plan involves buying lots of different cryptocurrencies.
- Bitcoin and Ethereum prices went up after the announcement, but then went down some.
- Many people are unsure if this is a good idea and if the government should be involved in crypto.
Cryptocurrency | What it is | Potential Impact |
---|---|---|
Bitcoin (BTC) | Like digital gold | Price might go up or down |
Ethereum (ETH) | Like Bitcoin, but can do more things | Price might go up or down |
Ripple (XRP), Solana (SOL), Cardano (ADA) | Other cryptocurrencies | Prices might go up or down |
Some think it's risky for the government to invest in something so up-and-down. Others are excited about the potential for big profits!