Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Opinion: Trump did not disclose the details of the crypto strategic reserve. If it does not meet expectations, the market may fall again.
2025-03-03 15:41:25

Odaily News Andrew Tu, head of sales at crypto market maker Efficient Frontier, said that the inclusion of XRP and ADA tokens in Trump's crypto strategic reserve plan was unexpected, and many details of the plan remain unknown, including how much the U.S. government will actually buy and how to fund the purchase. The crypto market has now forgotten all the pessimism of last week, and macroeconomic concerns remain a potential risk. If the stock market also falls, it may cause cryptocurrency prices to fall again. If expectations do not match reality, then the market may fall again. (CNBC)