What is a crypto strategic reserve and why would the U.S. need one? (1 Viewer)

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    Politics - CBSNews.com

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    President Trump said on social media Sunday that his administration is working toward creating a "crypto strategic reserve" that will include bitcoin and ethereum, along with lesser-known cryptocurrencies XRP, solana, and cardano. He later followed up with another post saying his planned reserve would also include bitcoin and ether, the two most popular cryptocurrencies.

    The announcement helped crypto prices rebound after recent sell-offs, but only for a few hours. After rising to $90,000 Monday morning, bitcoin fell to roughly $87,000, or 7.3%, by...

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