Trump Announces US “Crypto Reserve”, Revolutionary Step or Rescue?

Updated
March 5, 2025
Gambar Trump Announces US “Crypto Reserve”, Revolutionary Step or Rescue?

Jakarta, Pintu NewsOn March 2, 2025, President Donald Trump surprised the cryptocurrency world again with a surprise announcement: the United States will establish a “Crypto Strategic Reserve” that includes Bitcoin , Ethereum , Ripple , Cardano , and Solana .

This move is touted as an effort to make the US the “Crypto Capital of the World”, while correcting what Trump called “years of corrupt attacks by the Biden administration” on the crypto industry.

However, behind the market euphoria, many are questioning the true motives of this policy. Is this really a visionary strategy to strengthen America’s digital economy?

Check out the full news below!

Trump and the Crypto Reserve

donald trump crypto reserve
Source: Coingape

Just a few hours after Trump’s announcement, the crypto market experienced a huge surge. Bitcoin (BTC) skyrocketed more than 10% to Rp1.54 billion ($94,000), while Ethereum (ETH) surged 13% past Rp41.07 million ($2,500). XRP, ADA, and SOL recorded gains of more than 20%, sparking great excitement in the crypto community.

According to data from CoinGecko, the global market capitalization of cryptocurrencies grew by an estimated IDR 4,929 trillion ($300 billion) in just a matter of hours. Many investors took this as a strong bullish signal, even calling it a “Christmas in March” for the crypto industry.

Read also: March 7, 2025 Could Be a Crucial Moment for the Crypto Market, Save the Date!

At first, Trump only included XRP, SOL, and ADA in the Crypto Reserve based on the January 2025 executive order. However, an hour after the first announcement, he added Bitcoin and Ethereum, calling these two assets the “heart of the US crypto reserve”.

The addition of Bitcoin (BTC) to the country’s reserves actually makes sense from an economic perspective. With its limited supply and decentralized nature, BTC can serve as a hedge against inflation, similar to the role of gold in the past.

In fact, according to a report by Arkham Intelligence, the US alone has around Rp279.3 trillion ($17 billion) in Bitcoin seized from criminal cases.

Behind Crypto Reserve: Smart Strategy or “Bailout” in Disguise?

According to The Street, for the crypto community, Trump’s move brings back memories, specifically to 2009, when Bitcoin’s creator, Satoshi Nakamoto, embedded newspaper headlines in Bitcoin’s first block:

This message symbolizes the resistance to the failure of the traditional financial system and shows that Bitcoin was born as an alternative to the corrupt system. With Trump creating a national crypto reserve, some fear this could become a “second bailout”-not for banks, but for less stable crypto projects or large investors looking to save their interests.

Read also: Hot Debate: Are Solana, Cardano, and XRP Suitable for Crypto Strategic Reserves?

Some analysts believe that this Crypto Reserve is more political than strategic. With the US election fast approaching, Trump may want to strengthen his support base among crypto investors and blockchain entrepreneurs.

It’s no secret that some cryptocurrency projects, especially altcoins like SOL, ADA, and XRP, have large backers and campaign donors for political candidates. This move may not just be an economic strategy, but also a way to secure support from capital owners in the crypto industry.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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