Bitcoin and the rest of the cryptocurrency market had a rough start to the year as fears rose that the Federal Reserve might be nearing its last interest rate

A leak has revealed the incoming Trump administration could create a wider crypto reserve—prioritizing U.S.-created cryptocurrencies such as XRP and

The cryptocurrency industry has pushed President-elect Donald J. Trump to establish one, creating real political momentum behind the plan.

Ripple executives reportedly pitched adding XRP to a federal crypto reserve during a private dinner with Trump at Mar-a-Lago.

The world’s second-largest cryptocurrency, ethereum, and XRP, also posted gains this week. Ethereum is currently trading at more than $3,425 at the time of writing. XRP, too, saw a breakout price exceeding $3, allowing it to reach a seven -year high, transforming the token into the world's third -highest valued cryptocurrency.

There are already media reports that other nations, including Japan, Russia and China, are accumulating bitcoin ahead of a possible SBR announcement by the US. And Trump has even indicated that he might repeal a controversial crypto accounting rule that would allow banks to hold more bitcoin.

A new memecoin promoted by Trump on X and Truth Social has sent expectations of a Trump inauguration bombshell sky

Bitcoin ( BTC 1.30%) had a phenomenal year in 2024. The cryptocurrency returned 119%, easily outperforming the 23% gain in the S&P 500 (SNPINDEX: ^GSPC), which itself is commonly seen as a barometer for the overall U.S. stock market. In fact, only five stocks in the S&P 500 created more wealth than Bitcoin last year.

The fall comes after the cryptocurrency experienced a meteoric rise, fueled in part by the reelection of Donald Trump.

Trump made good on that pledge last month, selecting Paul Atkins to head up the U.S. Securities and Exchange Commission. Atkins, who served as an SEC commissioner from 2002 to 2008, is widely known as a strong supporter of the cryptocurrency market.

Bitcoin's (BTC) price suddenly fell down under $90,000 amid fears that the Federal Reserve may not cut interest as anticipated.

Bitcoin re-entered the $105,000 territory and briefly touched $106,000 on Saturday as the cryptocurrency market regained momentum ahead of Donald Trump’s