Trump’s crypto treasure

Trump announces crypto strategic reserve.

Trump announced over the weekend that the U.S. will establish a crypto strategic reserve. Previously, he had expressed interest in building a national Bitcoin reserve, but now he has explicitly included Solana (SOL), XRP, Cardano (ADA), and Ethereum (ETH) as part of the plan. This marks a significant shift, as governments typically focus on Bitcoin as a digital alternative to gold.

Industry experts agree that Bitcoin is the only logical choice for a state reserve, but a broader crypto reserve could help drive mainstream adoption of the sector. However, many questions remain: Will the U.S. actually purchase new assets, and if so, how much and with what funds? Or will the reserve be built from seized crypto holdings? More details are expected to emerge during the first-ever White House Crypto Summit, which Trump will personally host this Friday.

Markets under pressure after Trump’s new trade tariffs.

On Tuesday, Trump officially implemented new trade tariffs on imports from Mexico, Canada, and China. While this move was not entirely unexpected—he had previously signaled his intent to push forward with tariffs—the markets reacted negatively once again.

Investors worry that higher import costs will strain businesses and slow down economic growth. U.S. and global stock indices fell following the announcement, and the crypto market also took a slight hit. The full impact remains uncertain for now, but investors are closely watching Trump’s next steps.

Investors expect more rate cuts this year.

With Trump’s new trade tariffs now in effect, concerns are growing that the U.S. economy could slow down. Higher import costs may put pressure on businesses and weaken growth, leading investors to expect the Federal Reserve to cut interest rates more frequently and aggressively to support the economy.

Scott Bessent, the new Treasury Secretary, stated that the administration wants to see lower long-term interest rates. Cheaper borrowing for businesses and consumers could help stimulate economic activity. For the markets, this would be welcome news. Investors have been waiting for a more accommodative stance from the Fed for months, and if rate cuts happen sooner, it could provide fresh momentum for stocks and crypto.