Bitcoin dominance remains unshaken as Trump’s crypto reserve plan triggers short-lived rallies and deeper questions.
Another week, another volatile move from Trump. After pushing Bitcoin to $110K on inauguration day, his policies have since sent prices tumbling.
On Sunday, in what felt like a hail-mary attempt to win back the community, he announced a crypto strategic reserve including BTC, ETH, SOL, XRP, and ADA, sparking a brief rally before prices quickly retraced. Many investors all said the same thing, only one asset belongs in a reserve, and it’s Bitcoin.
As these other assets derate against Bitcoin, the “reserve” will inevitably become what it should have been from the start: a Bitcoin reserve. Expect more volatility as the crypto summit unfolds.
In this week of Digital Vision, we cover:
- Cryptoverse: The ByBit Hack, Revisiting the Fallout ($RUNE)
- Digital Insight: Solana Moves Beyond Memecoins ($GRASS)
- DVDealings: Preparing to rebalance once the market finds its footing ($TRX)
