Cardano’s ADA Leads Crypto Drop as Trump Announces Bitcoin Strategic Reserve Instead Of Diversified Pool – Retail Remains Bullish
· 2d · on MSN
Cardano, XRP, Solana Drop As White House Clarifies Trump's Crypto Reserve Plan
Forget XRP and Cardano, This Is the Best Altcoin to Buy as Trump Announces a U.S. Strategic Crypto Reserve
Donald Trump recently declared a U.S. Strategic Crypto Reserve that includes Bitcoin (BTC), Ethereum (ETH), XRP and Solana (SOL) and Cardano (ADA) as part of the portfolio. Even though the assets benefit from positive market conditions their considerable market size poses obstacles to significant price increases.
The crypto market remained on edge on Friday as traders waited for the upcoming US nonfarm payrolls (NFP) data. Bitcoin and most coins retreated after Donald Trump announced plans for a strategic BTC reserve that underwhelmed the market.
Tracy Jin, Chief Operating Officer of cryptocurrency exchange MEXC, on Wednesday attributed President Donald Trump's decision to include Cardano (CRYPTO: ADA) and Ripple‘s (CRYPTO: XRP) in the U.S. strategic crypto reserve to his businessman instincts,
Cryptocurrency prices suffered a big reversal during the American session leading to a $1 billion liquidation among investors. Bitcoin plunged below $85,000, while popular coins like Cardano (ADA), Official Trump (TRUMP),
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