The United States uses cryptocurrency to maintain international power according to CryptoQuant CEO Ki Young Ju after Donald Trump revealed his National Crypto Reserve plan.
On Truth Terminal Ju used Trump’s statements to illustrate their effects on vital digital assets. He first specified XRP Solana and Cardano as crypto options for the new US crypto reserves. Later in the day he brought up Bitcoin and Ethereum as well which made Ju doubt if the U.S. government now assesses these assets for their strategic value.
Bitcoin Faces U.S. Pressure
After watching the trends Ju announced that American leaders now view cryptocurrency as their financial defense tool. Under President Trump’s governance the conversation about cryptocurrencies turned from suspicion into interest for national matters. He stated that digital assets do not pose a threat anymore but help boost America’s global financial and political power.
The success of US coinage tools hinges solely on benefiting American interests even when it hurts other nations. The leader believes this action aims to take control of the crypto market and collect wealth from outside nations.
Trump’s actions show signs that they may create business problems for Bitcoin and Ethereum. The distributed structure of those digital currencies may work against the U.S. government’s future efforts to regulate political and economic benefits. Trump’s social messages suggest he neither supports nor opposes Bitcoin and Ethereum at this time based on Ju’s analysis.
He addressed these fears later by explaining his analysis was never meant as an opposition to the US government. He showed his respect for how America rapidly adjusted to changing cryptocurrency practices.
Bitcoin Rallies After Announcement
After Trump declared his crypto-friendly stance trading levels in the market jumped by $300 billion. Bitcoin jumped 8% past $93,000 which allowed it to gain back its lost value after falling. Ethereum investors returned to the market with enthusiasm during this period increasing its worth by 11%. After the announcement Cardano’s value jumped by 75% in the market.
The global financial sector debates intensively about cryptocurrencies due to their rising importance in economic and political matters. When the US uses crypto for economic leverage other countries will speed up their blockchain development to protect their financial self-reliance.
People examine how Trump’s national crypto reserve plan will affect worldwide markets and digital currency freedom. International digital asset adoption standards will depend on how the U.S. government leads its cryptocurrency strategy.
