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#BTC #TRUMP
$300 Billion Trump Crypto Rally Re-ignites Reserve Debate
President Trump, dubbing himself America's "first crypto president," proposed establishing a government-held cryptocurrency reserve, including major cryptocurrencies. This announcement spurred a $300 billion surge in the crypto market. The proposal has received mixed reactions, especially regarding its funding through taxpayer money. Andrew O'Neill from S&P Global Ratings noted similarities between Bitcoin and gold, supporting its potential as a national reserve asset. Critics, including White House crypto and AI chief David Sacks, urge patience until the administration's detailed plan is revealed. An upcoming cryptocurrency summit is expected to provide further insights