US President Donald Trump signed an executive order on March 6 and created the so -called “Strategic Bitcoin Reserve and an American digital asset stock.” According to Crypto Czar David Sacks in the White House aims to prevent losses in premature bitcoin sales – which costs us taxpayers $ 17 billion.
By keeping lost Bitcoin instead of selling, the government is trying to maximize value and improve supervision. This movement is consistent with Trump’s declared vision of making the United States “the Capital Capital of the World.”
See: The 6 Best Crypt -Reneous Banks Evaluated for 2025
Crypto -Prices Wave After Notification
The executive order came just days after Trump announced the first five cryptocurrencies to form the reserve: Bitcoin, Ethereum, Ripple, Solana and Cardano. Bitcoin and Ethereum are the two largest cryptocurrencies in the world by market value. Within hours after Trump’s announcement on social media skyrocketed prices:
- Ripple (XRP): +32%
- Solana (Sol): +23%
- Cardano (ada): +63%
However, initial confusion broke out as Trump did not mention Bitcoin or Ethereum in his post, causing speculation on social media. About an hour later, he issued a follow -up statement to clarify their admission, leading Bitcoin and Ethereum to experience a price jump:
- Bitcoin (BTC): +11%
- Ethereum (ETH): +13%
The wave was a positive turn for the wider crypto market, which had lost $ 800 billion in the total value in recent weeks, according to the Financial Times. Nevertheless, after Sacks said the reserve does not “cost taxpayers a penny”, which suggests the government will not sell Bitcoin, the price fell by over 5%.
Experts question strategic value
Analysts express skepticism for the inclusion of alternative cryptocurrencies such as Ripple, Solana and Cardano.
“Unlike Bitcoin … These assets are more akin to tech investments,” head of research manager Coinshares James Butterfill told Reuters. “The message suggests a more patriotic attitude towards the wider cryptotechnology space, with little consideration for the basic qualities of these assets.”
In addition, the fact that the US government will not acquire additional assets for the digital active stock “in addition to those obtained by the forfeiture of procedures” has disappointed some crypto enthusiasts.
“No active purchase means that this is only a fancy title for Bitcoin Holdings that already existed with the government,” Charles Edwards of Capriole Bitcoin Hedge Fund, sent on X.
When it comes to the strategic Bitcoin Reserve, the Treasury “will develop budget neutral strategies to acquire additional Bitcoin, provided that these strategies do not impose on US taxpayers.” This means that no US dollars are exchanged with crypto, but also leaves the door open to alternative approaches that can affect the market.
Trump’s Crypto Reserve Vision: Months in Creation
When announcing the cryptocurrencies that will be included in the reserve of truth social, Trump said he will “make sure the United States is the crypto capital of the world.” This is a vision he has been pushing for a while. He first introduced the idea of ​​a national cryptor reserve during the Bitcoin 2024 conference in Nashville while still on the campaign track, promising to “keep 100% of all the bitcoin currently possessing or acquiring in the future,” refers to what was seized by law enforcement.
According to Sacks, the US currently has about 200,000 bitcoin, equivalent to $ 18 billion, the majority being seized from criminals. Normally, such assets will be sold to support law enforcement operations and compensate victims rather than forming a storage.
Shortly after accession, he signed an executive order that would create a working group that would “evaluate the potential establishment and maintenance of a national digital asset warehouse … potentially derived from cryptocurrencies legally seized by the federal government through its law enforcement efforts.”