The announcement to establish a crypto reserve fund by the U.S. government under Donald Trump's policy has become one of the hot topics in the global financial world. This policy aims to position the U.S. as a leader in digital assets and reduce reliance on traditional financial systems, which could have a massive impact on the crypto market and the global economy.

The U.S. crypto reserve fund will hold major digital assets such as Bitcoin, Ethereum, XRP, Solana, and Cardano, with the goal of diversifying economic risks and increasing the stability of the financial system. Trump stated during his announcement that Bitcoin and other digital assets are becoming the new standard of global finance, adding that it is time for the U.S. to lead, not follow.

Following the announcement, the price of Bitcoin surged by over 10%, while Ethereum and other coins mentioned also saw a rise. According to data from CoinGecko, Ripple jumped over 30%, while Solana and Cardano rose by 21% and 61%, respectively. Bitcoin and Ethereum also experienced price increases of 9% and 12%, with Ethereum trading at $2,500 and Bitcoin at $94,069.

Holding crypto in the national reserve could help reduce long-term reliance on the volatile dollar. Adding crypto to the reserve could help diversify risk and mitigate the impact of inflation. Trump's announcement is part of his broader vision to make the U.S. the "Crypto Capital of the World."

The U.S. government’s acceptance of crypto at a policy level could be a positive factor in attracting institutional investors and businesses to the crypto market. According to JP Morgan analysts, this move could trigger large companies and hedge funds to invest more in digital assets, which could drive investment and development in this industry. They predict that this will lead to greater financial stability and recognition for crypto assets in the future.

Trump’s shift from calling cryptocurrencies a “scam” during his first term to supporting them in his presidential campaign marks a significant change. He had previously dismissed Bitcoin and other cryptocurrencies as "not money," but during the 2024 election, he declared that the U.S. must become a leader in this area, stating, "If we don’t do it, China will do it."

Trump’s embrace of crypto during his campaign also helped him and other candidates who supported crypto gain significant political traction, with over $131 million invested in pro-crypto candidates.

While this policy has received support from the crypto community and investors, concerns remain about its impact on the dollar’s status and the risks of crypto market volatility, which the government must address with clear measures.

The establishment of Trump’s crypto reserve fund represents a significant change in the global financial system. If implemented effectively, it could make the U.S. a leader in the crypto and blockchain industries and set new standards for the digital financial market. However, the success of this policy depends on managing risks and setting appropriate regulations to ensure greater market stability in the long run.

Credit: Business Insider