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GondalFortune
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XRP holding above 2.30 USD support, there will be upward movement leading to the 7 March White House Crypto Summit, and depending on what they announce there, XRP could go for ATH. Trade responsibility in this time, and consider HODL instead. $XRP
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Trump signed executive order for Bitcoin strategic reserves and the market dumped. you might be wondering why it dumped while the news is so bullish. Here is why. Buy the Rumor, Sell the News: Traders often buy assets in anticipation of positive news (buy the rumor) and sell once the news is confirmed (sell the news). You all know trump was promising to do it in his election campaign and the topic was heating even more up since last week. Market Expectations: This move was already priced in when trump made a post last week and even before that like i said he is talking about it since his election campaigns. If the market had already priced in the news, the actual announcement might not meet the heightened expectations, leading to a sell-off. Besides price volatility America backing Bitcoin is really a positive news for BTC holders and Crypto. #USCryptoReserve
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US CRYPTO RESERVES
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Trump Mentions U.S. Crypto Reserve, Highlights XRP, SOL, and ADA in His Latest Post AI Summary Trump's proposed Crypto Strategic Reserve, including XRP, SOL, and ADA, aims to bolster the US's position in the growing digital asset industry, countering the Biden administration's perceived setbacks. In a recent post on Truth Social, U.S. President Donald Trump claimed that after "years of corruption attacks" by the Biden administration, his strategy would strengthen the nation's position in the expanding digital asset sector. “A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA. I will make sure the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!” Trump stated. #USCryptoReserve $XRP
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United States President Donald Trump on Sunday announced his government would create a national strategic crypto reserve that would include five cryptocurrencies, adding he would make the US “the crypto capital of the world”. In a statement on his Truth Social network, Trump said a crypto working group, which was set up following his inauguration in January, is pressing forward with the reserve’s creation, fulfilling promises he first made to crypto lobbyists during his election campaign. #USCryproReserve
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