Trump says bitcoin, ether among digital assets picked for crypto strategic reserve

U.S. President Donald Trump announced the names of five digital assets he expects to include in a new U.S. crypto strategic reserve on Sunday, spiking the market value of each.

Trump said on social media that his January executive order on digital assets would create a stockpile of currencies including bitcoin, ether, XRP, SOL and ADA. The names had not previously been announced.

The assets rose 8% to 62% in trading on Sunday.

Trump said his order "directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA. I will make sure the U.S. is the Crypto Capital of the World."

More than an hour later, Trump added another post: "And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be at the heart of the Reserve."