Trump Announces National Crypto Reserve Amid Surge in Prices

US President Donald Trump announced a national “reserve” for cryptocurrencies, sending prices surging. The reserve aims to support various digital tokens, including bitcoin and lesser-known ones. However, comments on the announcement are largely critical, labeling it as self-serving and corrupt. Many also express skepticism about cryptocurrency legitimacy and stability.

Source: https://www.washingtonpost.com/business/2025/03/02/trump-crypto-reserve-announcement