Bitcoin was rescued from the bear market. And without surprise, Trump is part of the equation announcing the composition of the strategic reserve in cryptocurrencies.
Bitcoin was declared dead incalculable times and some pages like Bitcoin is dead They were already at their 415ᵉ fatal announcement. But while the cryptomera slowly headed to 416ᵉ the dead after his rush to $ 100,000, Donald Trump landed again, like the heroes of the cryptosphere with a highly anticipated announcement.
The new United States President officially launched the deployment of a strategic cryptocurrency reserve. What does it mean and why did everyone go to the market?
Trump finally announces a strategic reserve in cryptocurrencies
On 2 March 2025, in a report sent to his social network of truth, Donald Trump announced a decision that again brought many investors to plunge into cryptocurrencies, including Bitcoins. In a single day she won the first cryptocurrency, which slowly slipped below $ 80,000 per unit, gaining her vitality.
Report: Official announcement of the composition of the strategic reserve of cryptomy – twists that is not surprised because Donald Trump presented an election argument with investors during his campaign.
The aim of this maneuver is to use virtual currencies as a reserve of value for the United States. Cryptocurrencies, previously reserved for resources (such as gold or oil), more traditional financial titles or foreign currencies, thus join the share of financial assets held by the United States.
What is this strategic reserve in cryptocurrencies?
A large question mark when signing the regulations concerned, especially this famous strategic reserve. But with the launch of these “same” named $ Trump and $ melania just before its institution last January, the President clearly disappointed part of his supporters – institutional or serious investors.
Many legitimately wondered what would be the future composition of this reserve, with fear: the fact that you can see that it is full of unnecessary cryptocurrencies, lacks the basic value. For many, they had their place really bitcoins, because it is what it mainly drives the market.
David Sacks, officially named “White House AI and Krypto Car” (Car AI and White House cryptocurrencies) and its working group took over the initiative for integration, not one, but five cryptocurrencies in this strategic reserve:
- Bitcoin;
- Ethereum;
- XRP;
- Solana;
- Cardano.
The latter also developed to a large extent since the initiative has been perceived as a sign of trust for cryptocurrency actors that have long been neglecting traditional finances. There is a legitimizing effect (associated with speculative effect), reinforced by the idea of connecting to large institutions. Especially because Donald Trump could add a game in a narration of the moment with the next summit about cryptocurrencies, scheduled for March 7, 2025 in the White House. In particular, we should learn more about the functioning and objectives of this strategic reserve in cryptocurrencies.
A suspicious movement shortly before the announcement
If many investors were able to use an increase, this development was surprised by this development due to the economic situation of the market, which clearly leaned towards the bear market (lower market), some were obviously better informed than others.
In fact, before the official statement of this strategic reserve, there were actually several large positions with an unusual lever. This inevitable raises the questions of the conflict of interest in the crypto community, although the phenomenon of an initiate is not alien to this ecosystem. The use of confidential or privileged information to achieve financial gains is not unknown.
In the cross observers we find mainly David Sacks, many of whom think it would be in the conflict of interest, because the five cryptocurrencies chosen under his leadership are among the majority assets of Bibis, the manager of the crypto fund in which David Sacks invested up to $ 74,000.
The main party defended it from these accusations and claimed that it sold all its positions, as mentioned by Theblock. Whatever it is, a conflict of interest or not, it is certain that the bit and other actors close to David bags should largely enjoy the announcement favorable to cryptocurrencies.
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(Tagstotranslate) Bitcoin