From Reserve Crypto to duties

The Bitcoin has lost almost 10% in the last 24 hours at an altitude of 84 thousand dollarsalso thanks to the Wall Street thud After the entry into force of the duties US on Canada, Mexico and China, remaining the earnings he had recorded after the announcement of Donald Trump on Sunday on the creation of a Crypto strategic reserve.

What Trump said

The President of the United States Donald Trump announced on Sunday media i names of five digital assets which plans to include in a new strategic reserve of cryptocurrencies in the United States, making the market value of each of them drag out the market value.

“An American cryptographic reserve will raise this critical sector after years of corrupt attacks by the Biden administration, which is why my executive order on digital resources ordered the presidential working group to proceed with a cryptographic strategic reserve that includes XRP, Sol and Ada – wrote on Truth Social – I will assure me that the United States are the cryptographic capital of the world. We are making America again! “. THE names had not been announced previously.

“AND, Obviously, BTC and Ethlike other precious cryptocurrencies, will be the heart of the reserve. I also love Bitcoin and Ethereum! ”, He added in another post a few minutes later.

The change of approach to the sector

Trump obtained the support of the Crypto sector in his candidacy for the 2024 elections and moved quickly to support their priorities. Friday will host the First White House Crypto Summit And his family also launched his coins.

In addition, under Trump, the Securities and Exchange Commission has withdrawn the investigations on various cryptocurrency companies and has abandoned a cause against coinbase, the largest cryptocurrency exchange in the United States

Movements on the market

In recent weeks, before the last announcement of Trump, i Prices of cryptocurrencies had dropped drasticallywith some of the largest digital currencies that have canceled almost all the earnings obtained after the electoral victory of the US president has unleashed a wave of enthusiasm throughout the sector.

In the last 24 hours, Bitcoin has fallen by almost 10% at an altitude of 84 thousand dollars, theEthereum of 12% to $ 2,000, XRP of 14% to $ 2.33, BNB of 7% to 563 dollars, Solana of 16% to 138 dollars.