Trump’s XRP, Cardano Inclusion In Crypto Reserve Proposal Could Be Result Of ‘Businessman’ Instincts, MEXC’s Tracy Jin Says
Posted On March 5, 2025
Tracy Jin, Chief Operating Officer of cryptocurrency exchange MEXC, on Wednesday attributed President Donald Trump‘s decision to include Cardano (CRYPTO: ADA) and Ripple‘s (CRYPTO: XRP) in the U.S. strategic crypto reserve to his businessman instincts, despite market skepticism and a subsequent Bitcoin (CRYPTO: BTC) price retreat.
What Happened: Unveiled on Sunday, the reserve—set to include Bitcoin, Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), XRP, and Cardano—triggered a swift market reaction, with Bitcoin climbing from $85,000 to $95,000 before relinquishing all gains by Monday.
Jin pointed to Trump’s business acumen as the rationale behind the unexpected inclusion of ADA and XRP alongside Bitcoin, Ethereum, and …
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