President Trump’s post about including Bitcoin and various altcoins in a US reserve initially triggered significant market rallies before prices crashed.
Establishing a cryptocurrency reserve is a complex process requiring congressional approval, with several states already rejecting similar proposals.
Some crypto experts argue for a Bitcoin-only approach to the reserve, questioning the inclusion of altcoins like XRP, Solana, and Cardano.
Ripple’s CEO suggests that the crypto industry needs unity rather than division to achieve mainstream adoption.