Big news in the world of cryptocurrency! President Trump announced a plan for a US national cryptocurrency reserve. This means the US government might hold some cryptocurrencies, like having a big piggy bank for digital money. It's like a big experiment to see how digital money works.
- The plan includes Bitcoin, which some people see as like digital gold.
- It also includes other cryptocurrencies like XRP, ETH, SOL, and ADA, which surprised some people.
- Famous economist Peter Schiff is not happy about some cryptocurrencies being included, especially XRP.
- The announcement caused cryptocurrency prices to go up, with Bitcoin rising over 10% and XRP soaring 40%.
Cryptocurrency | Price Change |
---|---|
Bitcoin | +10% |
XRP | +40% |
Ethereum (ETH), Solana (SOL), Cardano (ADA) | Significant Gains |