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Trump reportedly talking to Ripple with interest in XRP, USDC, Solana for US national reserve

Trump's reported crypto plan with Ripple and Solana could shift focus from Bitcoin dominance.

CryptoSlate

Jan 16

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Happy Thursday!

In today's crypto landscape, significant developments are unfolding that could reshape the market. Reports indicate that Donald Trump is engaging with Ripple, expressing interest in integrating XRP, USDC, and Solana into a proposed U.S. national reserve, potentially challenging Bitcoin's dominance. Meanwhile, Ripple's CEO has labeled the SEC's latest appeal against the company as "insanity," as the legal battle intensifies with the SEC seeking to classify XRP sales to retail investors as unregistered securities. Despite recent market corrections, Bitcoin investors are showing moderate stress levels, suggesting resilience in a maturing market. Stay tuned for more insights on these pivotal stories shaping the future of cryptocurrency.

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The global crypto market cap is $3.49 trillion, with a 24-hour volume of $158.08 billion. The price of Bitcoin is $98,755.14, and BTC market dominance is 56.1%. The price of Ethereum is $3,319.37, and ETH market dominance is 11.5%. The best-performing sector is Filesharing, which gained 6%. The Crypto Fear & Greed Index is currently Greed (75).