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President Donald Trump took to Truth Social to announce a new US strategic cryptocurrency reserve that will include digital assets such as ethereum (ETH-USD), Solana (SOL-USD), XRP (XRP-USD), cardano (ADA-USD), and, of course, bitcoin (BTC-USD).
Yahoo Finance host Josh Lipton examines what this means for investors and the broader cryptocurrency market, analyzing how Wall Street is responding to this announcement.
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This post was written by Angel Smith