Crypto Market Shock ⚡ Trump Announces Creation of "Crypto Reserve," Bitcoin Surges 10%

President Donald Trump's recent announcement of a "Crypto Strategic Reserve" has significantly impacted the cryptocurrency market. Initially, the reserve was to include altcoins such as XRP, Solana (SOL), and Cardano (ADA), leading to a surge in their prices. This caused Bitcoin's market dominance to decrease from 55.4% to below 50%.

Subsequently, Trump confirmed that Bitcoin (BTC) and Ethereum (ETH) would be central to the reserve, which led to a 10% increase in Bitcoin's price, reaching approximately $94,220. 

The establishment of this reserve is part of the administration's strategy to position the United States as a leader in the digital asset sector. However, the inclusion of various altcoins has sparked debate among cryptocurrency enthusiasts regarding the reserve's composition and strategic intent.