Trump fuels crypto rally with reserve coin remarks

Quick Summary:

WASHINGTON: The cryptocurrency market roared into March with a rally, recouping some of the losses from the asset class's worst month since 2022, after President Donald Trump once again talked up his plan for a strategic crypto reserve.

The tokens Trump said would be included in the reserve are all among the top eight cryptocurrencies by market value, according to tracker CoinMarketCap.com.

Trump also said bitcoin, ether and solana would be included in the reserve, helping those coins recover some of last month’s steep declines.

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Category: EconomyBusiness

Markets: MalaysiaChina

Topics: Trump Bitcoin /Business/Business News Cryptocurrency XRP Ada

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-04 @ 00:00:00 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 793 words

Reading Time: 5 minutes read

Sentences: 32 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © The Star

News ID: 26648015

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