Donald Trump is no stranger to high-stakes negotiations, and his latest announcement of a multi-coin crypto reserve could be yet another classic play. In real estate, the strategy is simple—ask for way more than you expect to get, then “compromise” to land exactly where you wanted. According to CoinDesk, that may be exactly what Trump is doing with his proposed U.S. strategic crypto reserve. While Bitcoin (BTC-USD) and Ethereum (ETH-USD) are expected at the core, he surprised the market by also naming XRP (XRP-USD), Solana (SOL-USD), and Cardano (ADA-USD). The initial announcement sent the crypto market soaring by $300 billion, before reality set in and prices cooled.
Not Everyone Is Buying into Trump’s Altcoin Picks
Not everyone is buying into Trump’s altcoin picks. Critics argue XRP and ADA lack the proven real-world utility of Ethereum and Solana. Jeff Park from Bitwise Investment Management warned that including lesser-known tokens risks creating political backlash and accusations of favoritism. Meanwhile, some believe this is all part of Trump’s game—throw out controversial names, let Congress push back, and still walk away with a Bitcoin-heavy reserve.
Regulation Still Remains the Bigger Issue
While a U.S. crypto reserve could be a game-changer, industry experts like Patrick Young from Web3 app Galxe told Cointelegraph that regulation is the real problem. Without clearer SEC guidelines, the market remains uncertain, and no reserve—Bitcoin-heavy or not—will fix that. Now, the question is whether Trump’s proposal gains serious traction or fades into another round of political theater.
Investors can track crypto price movements on the TipRanks Cryptocurrency Center. Click on the image below to find out more.
