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Trump’s crypto reserve faces backlash over ADA and XRP inclusion

Ripple and Cardano leaders embrace Trump's multichain approach despite criticism for altcoin inclusion.

CryptoSlate

Mar 3

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Happy Monday!

Donald Trump’s ambitious proposal for a U.S. Crypto Reserve is making waves, blending Bitcoin with altcoins like XRP and Cardano to solidify America’s crypto dominance. While Ripple and Cardano leaders back the multichain vision, critics question the inclusion of certain assets. Meanwhile, Bitcoin is revolutionizing global aid, streamlining donations for organizations like Save the Children and offering tax benefits to donors.

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The global crypto market cap is $2.99 trillion, with a 24-hour volume of $215.64 billion. The price of Bitcoin is $90,634.00, and BTC market dominance is 60.2%. The price of Ethereum is $2,299.41, and ETH market dominance is 9.3%. The best-performing sector is Exchange, which gained 22%. The Crypto Fear & Greed Index is currently Extreme Fear (33).