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Trump Crypto Reserve: Coins Selected & Rejected

Simon Osuji by Simon Osuji
March 7, 2025
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Trump Crypto Reserve: Coins Selected & Rejected
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Trump crypto reserve initiatives have really catalyzed a shocking market shift right now, with the signing of an executive order that only includes Bitcoin in the Strategic Reserve. At least for now. The order, signed just yesterday on March 6, basically revolutionizes the initial announcement that mentioned multiple cryptocurrencies. XRP, Ethereum, Solana, and Cardano have all been excluded from the main reserve, which is definitely disappointing many investors at the time of writing this piece.

Also Read: Ripple: XRP Is Eyeing The $27 Mark, Here’s When It May Claim It

Winners & Losers in Trump’s Crypto Reserve Strategy

US President Donald TrumpUS President Donald Trump
Source: LA Times

Bitcoin: The Only Coin That Made the Cut

Bitcoin stands alone as the one and only cryptocurrency actually included in Trump’s Strategic Reserve. Through several key provisions and decision, the executive order confirms that approximately 200,000 BTC owned by the Federal Government will be protected as a strategic asset for now.

David Sacks, White House official overseeing crypto policy, stated:

“The U.S. will not sell any bitcoin deposited into the Reserve. It will be kept as a store of value. The Reserve is like a digital Fort Knox for the cryptocurrency often called ‘digital gold.’”

Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve.

The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it…

— David Sacks (@davidsacks47) March 7, 2025

This exclusive status for Bitcoin in the Trump crypto reserve has, um, spearheaded numerous significant market adjustments that really leave altcoin supporters wondering what exactly happened to the original plan. Across various major trading platforms and exchanges, crypto investors are now reassessing their positions and such.

XRP and Other Altcoins: The Major Snub

Despite Trump’s March 2 announcement that included XRP alongside Bitcoin, Ethereum, Solana, and Cardano, the official order leverages a completely different approach now. The “United States Digital Asset Stockpile” has relegated these altcoins to a secondary position, offering them less protection.

Federico Brokate, head of U.S. business at 21Shares, said:

“This move signals a shift toward active participation in the crypto economy by the U.S. government. It has the potential to accelerate institutional adoption, provide greater regulatory clarity, and strengthen the U.S.’s leadership in digital asset innovation.”

I have a few budget-neutral strategies for acquiring additional bitcoin…

— Michael Saylor⚡️ (@saylor) March 7, 2025

Also Read: U.S. Secures $17.5 Billion Bitcoin Stockpile—Will 198,000 BTC Shake Markets?

The Trump crypto reserve strategy has created certain critical limitations. This is basically stating that the government won’t purchase additional XRP or other altcoins for now. Regulators will handle these assets through essential regulatory frameworks going forward. Only cryptocurrencies seized through legal forfeitures will be maintained in the stockpile, which is a pretty big deal for altcoin holders right now.

Market Confusion Following the Reversal

White House fact sheet on Strategic Bitcoin Reserve executive orderWhite House fact sheet on Strategic Bitcoin Reserve executive order
Source: whitehouse.gov

When Trump first announced the inclusion of multiple cryptocurrencies, the total crypto market kind of engineered a $300 billion jump and all. XRP, Ethereum, Solana, and Cardano all saw some significant price increases based on their supposed inclusion in the Trump crypto reserve.

James Butterfill, head of research at asset manager CoinShares, expressed:

“Unlike bitcoin…these assets are more akin to tech investments. The announcement suggests a more patriotic stance toward the broader crypto technology space, with little regard for the fundamental qualities of these assets.”

What This Means for XRP and Other Excluded Coins

The Trump crypto reserve executive order has deployed a comprehensive audit requirement for all digital assets within 30 days, which is coming up pretty fast actually. Numerous significant market indicators suggest this policy shift might trigger further volatility and uncertainty. Many XRP supporters feel disappointed, as some had speculated that the government would acquire XRP through Ripple’s ongoing SEC settlement.

Also Read: AI Predicts Bitcoin’s Price Post The Crypto Summit: Will It Hit $100K Again?

While Bitcoin enjoys its official exclusive status, multiple essential cryptocurrencies like XRP, Ethereum, Solana, and Cardano face some bigger challenges for their future in the Trump crypto reserve landscape. The administration has leveraged certain critical policies that, well, don’t really favor these altcoins at the moment. We’re kind of curious to see how this will all turn out in the coming weeks, and we’ll definitely keep you posted on any new developments!

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