On March 2, President Donald Trump announced the creation of a “Cryptocurrency Strategic Reserve,” which includes Bitcoin (BTC) 
$109,356, Ethereum (ETH) 
$2,569, Cardano 
$0.762585 (ADA), XRP, and Solana 
$178 (SOL). White House Artificial Intelligence and Cryptocurrency Official David Sacks noted that this move aligns with Executive Order 14178, signed during Trump’s first week in office. The primary goal is to position the United States as the “World Cryptocurrency Capital.”
Bitcoin as the Best Option for the Strategic Reserve
Coinbase CEO and co-founder Brian Armstrong shared insights on social media, commenting on Sacks’ tweet. According to Armstrong, Bitcoin may be the best option for asset allocation in the strategic reserve. He emphasized that Bitcoin’s straightforward and clear narrative positions it as a direct competitor to gold.
Bitcoin is often referred to as digital gold due to its decentralized structure, limited supply, and global acceptance as a store of value. Armstrong stated that focusing solely on Bitcoin would simplify the reserve strategy significantly.
Alternative Approach for Altcoins
Armstrong suggested that a market-cap-weighted index, including significant altcoins, could serve as an alternative for the strategic reserve. This approach could make the reserve policy more inclusive and balanced. Such an index could offer important alternatives for individuals and institutions investing in various cryptocurrencies, while Armstrong noted that including only Bitcoin remains the simplest option.
The direction the U.S. will take with this new policy and its impact on markets is a topic of great interest. The White House is expected to announce further details soon.
