US President Donald Trump has unveiled plans to incorporate five leading cryptocurrencies into a newly proposed US strategic reserve, triggering a sharp rally across digital asset markets. Bitcoin surged 11%, and Ethereum climbed 13%, with the combined cryptocurrency market capitalisation swelling by $300 billion within hours of the announcement.A key point of uncertainty is whether the plan will require Congressional approval. Some reports suggest the US Treasury could utilise the Exchange Stabilization Fund to acquire these digital assets, potentially allowing the administration to bypass the need for fresh legislation. If implemented through this route, it would represent a significant departure from traditional reserve management practices, embedding cryptocurrencies directly into national financial strategy.
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