Trump announced the preparation of the US cryptocurrency reserve

Creation of cryptocurrency reserve USA, which the presidential working group has begun to deal with, will help to stop all the corrupt actions of the former administration of the former US president Joe Biden and bring the crypt to a new level. This was announced on March 2 by the American president Donald Trump.

"The US cryptocurrency reserve will take this crucial segment [of the economy] to a new level after years of corruption attacks by the Biden administration," Trump wrote on his Truth Sothial social network.

He also added that he would do everything to make the United States the "crypto capital of the world."

In addition, Trump clarified that the basis of the US cryptocurrency reserve will be bitcoin and Ethereum.

According to the exchange Binance, after Trump's statement, the value of bitcoin increased by more than 10% during trading. So, at 20:40 Moscow time, the cost of bitcoin reached $94,112 thousand

Trump's cryptorally: how much bitcoin could rise

The current rise is largely a product of hype, but the transformation of cryptocurrencies into a part of the financial system is ongoing

Earlier, on February 20, BitRiver financial analyst Vladislav Antonov, in an interview with Izvestia, said that the cost of bitcoin in the coming week data from the Federal Reserve System (FRS), geopolitical events, as well as Trump's ability to promote his initiatives in the field of cryptocurrencies, which can have a positive impact on the market.

Back on November 5, Trump stated that will order to pay the national debt in cryptocurrency. The American politician noted that cryptocurrencies have a "great future."