President Donald Trump is ready to announce a significant shift in cryptopolitics, including plans for a crypto strategic reserve, on Friday’s Crypto Summit, US Trade Secretary Howard Lutnick said allegedly.
While Bitcoin (BTC) is expected to receive special status, Lutnick mentioned that other coins will also be considered positively.
However, the market seems to be pricing in minimal expectations of Altcoins, as shown in the defective price movements of XRP, Sun and ADA – the coins Trump, which was identified on Sunday as part of the reserve.
BTC has jumped to $ 91,000 to trade 4.5% cards for Sunday’s height of over $ 95,000 brought by Trump’s announcement of Crypto Reserve. However, the XRP trades for $ 2.57 or 17% cards from the Sunday height of $ 3.02, according to Data Source TradingView. Cardanos Ada and Solana’s sun are short 27% and 20% from their respective heights on Sunday.
The delay in these tokens compared to BTC indicates that investors do not expect Trump to assign them a significant role in the strategic reserve. Perhaps Trump’s original mention of these symbols was bait to secure the BTC reserve, as observers told Coindesk early this week.
Furthermore, some observers believe that a BTC-Kun Reserve will also take time to realize.
“These two things-os who want a BSR, while the IMF actively blocks superb BTC accumulation can not be true at the same time. So while we can continue the domestic political theater around BSR (which I support, as everything has to start somewhere), the real signal is to look at,” Jeff. When it changes, you know it’s nearby. This is a prolonged cataly’s. Until then, everything else is noise, “Jeff,” Jeff, “Jeff,” Jeff, “Jeff,” Alpha strategies by Bitwise Asset Management, said at X.
Park added that the crypto community should temper its expectations of the strategic reserve.