President Donald Trump is expected to announce a significant change in cryptography policy, including plans for a strategic crypto reserve, at the top of the White House cryptography on Friday, said US trade secretary Howard Largeick.
While Bitcoin (BTC) should receive a special status, Lutnick has mentioned that other documents will also be considered positively.
However, the market appears to be prices in minimal expectations for altcoins, as evidenced by the Terne price movements of XRP, Sol and ADA – the parts that Trump identified on Sunday as part of the reserve.
BTC rebounded at $ 91,000 to exchange 4.5% of the summit more than $ 95,000 on Sunday provided by Trump’s announcement by the crypto reserve. XRP, however, is negotiated at $ 2.57, 17% less than the Sunday summit of $ 3.02, according to Data Source TradingView. The Ada de Cardano and Solana soil are 27% and 20% of their respective summits on Sunday.
The discrepancy in these tokens in relation to the BTC indicates that investors do not provide that Trump will attribute an important role in the strategic reserve. Perhaps the initial mention by Trump of these tokens was a bait to guarantee the BTC reserve, as the observers told Coindesk at the start of this week.
In addition, some observers believe that a BTC reserve only will also have time to materialize.
“These two things – the United States want a BSR while the IMF actively blocks the accumulation of sovereign BTC – maybe true at the same time. Thus, even if we can continue the domestic political theater around BSR (which I support, because everything must start somewhere), the real signal to watch is the IMF. When this changes, you know the noise,” strategies in the management of Bitwise active
Park has added that the cryptographic community must temper its expectations on the strategic reserve.
