Bitcoin dominance fell below 50% as US President Donald Trump announced a Crypto Strategic Reserve that would also include Ether, XRP, Solana and Cardano.
The inclusion of altcoins in Trump’s US Crypto Strategic Reserve announcement sent Bitcoin up 10% but dented its dominance over altcoins.Bitcoin dominance slipped from 55.4% to below 50% in the hours after US President Donald Trump initially announced the country would include XRP, Solana and Cardano in its “Crypto Strategic Reserve.”) — would be “at the heart of the reserve” — though his inclusion of altcoins left a sour taste in the mouths of several Bitcoiners — and even a Bitcoin critic.
“The only crypto asset that makes any logical sense whatsoever as part of a country’s strategic reserve is Bitcoin,” Bitcoin custody solution Casa’s CEO Nick NeumanWorking Group on Digital Assets,on March 7, inviting industry leaders to discuss regulatory policies and stablecoin oversight, which will be chaired by Sacks and administered by Hines.
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