President Donald Trump has signed an executive order to establish a Presidential Working Group on Digital Asset Markets, led by venture capitalist David Sacks. The group will serve as an advisory committee on digital asset policies and cryptocurrencies. The order emphasizes the creation of a national digital assets reserve, which could potentially include XRP. There has been speculation and debate on whether XRP should be considered alongside Bitcoin in the US crypto reserve. Ripple CEO Brad Garlinghouse supports the idea of a diversified reserve and believes it aligns with Trump's technology policies. However, there are critics who claim Ripple is trying to push for XRP in the reserve to the detriment of Bitcoin. Both Bitcoin and XRP have seen price surges following the news, indicating investor confidence. Bitcoin is now trading at $105,255 per coin with a market capitalization of $2.08 trillion, while XRP is trading at $3.18 with a market cap of $182.96 billion.
Content Editor ( thecoinrepublic.com )
- 2025-01-25
Will XRP Join Bitcoin in Trump’s US Strategic Crypto Reserve?
