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139 Trump Names Cryptocurrencies for 'Digital Asset Stockpile' in Social Media Post

Slashdot
EditorDavid @ Slashdot · 03/02/2025 18:29 EDT

Trump Names Cryptocurrencies for 'Digital Asset Stockpile' in Social Media Post

Despite a January announcement that America would explore the idea of a national digital asset stockpile, the exact cryptocurrecies weren't specified. Today on social media the president posted that it would include bitcoin, ether, XRP, Solana's SOL token and Cardano's ADA, reports CNBC — prompting a Sunday rally in cryptocurrencies trading.

XRP surged 33% after the announcement while the token tied to Solana jumped 22%. Cardano's coin soared more than 60%. Bitcoin rose 10% to $94,425.29, after dipping to.

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