In an unexpected but strategic move, former US President Donald Trump has named cryptocurrencies part of the United States’ strategic reserve. The decision, made public on March 3rd, 2025, has sent the prices of cryptocurrencies like Bitcoin, Ethereum, and others soaring across global markets.
The decision is unprecedented and marks a significant shift in the US monetary policy, expanding the strategic reserves from traditional assets like gold and foreign currencies to digital assets â cryptocurrencies.
Upon the announcement, the crypto market saw a drastic upswing. Bitcoin, the world’s largest cryptocurrency by market capitalization, surged by a noticeable percentage. Ethereum, the second-largest cryptocurrency, followed suit, with other smaller cryptocurrencies also experiencing price hikes.
The declaration underscores Trump’s belief in the prominence and longevity of digital currencies. It is also symbolic of the increasing recognition of crypto assets as a legitimate and significant part of the global economy.
As crypto enthusiasts celebrate this ground-breaking decision, economists worldwide are set to analyze its potential impact on the United States’ economic policy and the global cryptocurrency market. Read More
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