Trump has been making a lot of statements lately. The cryptocurrency market reacts to many of them. In his latest statement, Trump said that he loves Bitcoin and Ethereum. Immediately after that, the rate of the #1 token sharply increased to $94,000+.

What was Trump talking about?

On the Truth Social social network, Trump published a directive to the digital asset group, which provides for the creation of a strategic cryptocurrency reserve. It will include coins such as XRP, ADA, SOL, Bitcoin and Ethereum. At the same time as the directive was published, Trump said that he loves Bitcoin and Ethereum.

Jito Labs Chief Legal Officer Rebecca Rettig clarified that the presence of the reserve means that the US government will store all the cryptocurrency that can be accumulated as a result of various investigations. In addition, it is planned that some of the assets will be purchased for accumulation.

This statement by Trump became the impetus for the growth of the Bitcoin rate. With a daily minimum of 85 thousand dollars, the rate jumped to 94,500 dollars. This is another confirmation that the loud statements of Trump and other world leaders have a direct impact on the cryptocurrency rate.

Thus, Trump is trying to confirm his election words. He began to actively fulfill his promises. This concerns both the international arena, the domestic situation, and the world of economics. In particular, cryptocurrencies. Each statement becomes an impetus for the growth or fall of the rate. We are waiting for the next loud words of Trump and other world political figures.

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