Best Crypto To Buy Now – BTC, ETH, XRP, SOL and ADA says President Trump

Bitcoin (BTC) has endured a see-saw 7 days of trading. BTC is down ~1.5% in the last week but up over 10% in the last 24 hours. The sudden spike on Sunday followed US President Donald Trump’s announcement of the 5 digital assets he plans to include in the new US crypto strategic reserve. They are — Bitcoin, Ethereum (ETH), Solana (SOL), XRP (XRP), and Cardano (ADA). 

This announcement drove digital assets upwards after they had just endured a difficult period. Fear-driven selling hit the market after new details emerged around a US reciprocal tariff plan that may have inflationary consequences. On February 27th, the price of BTC dipped below ~US$80,000 before the weekend recovery.

The Bitcoin price surged dramatically on the president’s announcement of a US strategic crypto reserve. Price Source: Brave New Coin Bitcoin Liquid Index

“A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA,” Trump expounded, on March 2nd, via the Truth Social platform. 

After falling dramatically in February, the Trump announcement has pumped new life into the XRP price. Price Source – Brave New Coin XRP Liquid Index

These specific assets had not previously been mentioned. Following the announcement, ADA has soared by over 60%, XRP by over 30%, and SOL by over 20%. About an hour after the initial post, Trump clarified — “And, obviously, BTC and ETH, as other valuable cryptocurrencies, will be the heart of the Reserve. I also love Bitcoin and Ethereum!” ETH has jumped by over ~13% following this tweet.

On the 1st of March, Rhode Island introduced Bitcoin Reserve Bill H6007, which would allow the State to invest 10% of public funds, as well as public retirement funds, into BTC. 

On January 23rd, US President Donald Trump signed his first executive order that may potentially affect crypto users and industry stakeholders. Trump announced the order during a televised address with his officially appointed “AI and crypto czar”, David Sacks.

The executive order has the aim of “Strengthening American Leadership in ’Digital Financial Technology’”. “The digital asset industry plays a crucial role in innovation and economic development in the United States, as well as our Nation’s international leadership,” the order states. 

“Protecting and promoting the ability of individual citizens and private-sector entities alike to access and use for lawful purposes open public blockchain networks without persecution,” is an example of its goals. Most of the order is dedicated to establishing technology and rules around crypto and its development in the U.S. One of its most important aspects is the creation of a working group to consider a national digital asset stockpile, “potentially derived from cryptocurrencies lawfully seized by the Federal Government through its law enforcement effort.” 

During a February 24th news conference with French President Emmanuel Macron, US President Donald Trump said that his planned 25% tariffs on Canada and Mexico “are going forward on time, on schedule.” This plan, alongside the announced reciprocal tariffs against the rest of the world and chip restriction with tariffs against China, created US inflation concerns in the days following. 

Tariffs are inflationary because they increase the cost of imported goods. American businesses rely on imported raw materials and finished goods and will pass any increase in costs on to consumers. 

Manufacturers rely on imported components, and consumers on imported consumer items such as Chinese electronics. Any tariff-driven price hikes will affect investment capabilities and US monetary policy, which may require a hawkish (interest rate rises) pivot to combat them.

The new Trump tariffs pushed investors and traders in risk markets like crypto and tech stocks to switch to risk-off. The S&P 500, Dow Jones Industrial Index, and Nasdaq 100 have all had tough weeks dragged down by the selling of major technology assets. Crypto’s risk profile also deteriorated following the record-breaking ~US$1.5 billion of off-shore crypto exchange Bybit the week prior. From February 24, the price of BTC dropped from ~US$96,000 before bottoming around ~US$79,000 at one point on February 28th. The market was rescued by Sunday’s Crypto Strategic Reserve announcement.