Bitcoin Outpaces XRP, SOL, and ADA as Market Awaits Trump’s Crypto Reserve Announcement
The cryptocurrency market is showing clear signs of prioritizing Bitcoin (BTC) over altcoins as traders await further details on President Donald Trump’s proposed U.S. crypto reserve.
According to U.S. Secretary of Commerce Howard Lutnick, Trump is expected to unveil key aspects of the reserve at Friday’s White House crypto summit. While BTC is anticipated to receive the spotlight, Trump’s earlier mention of altcoins like XRP, Solana (SOL), and Cardano (ADA) has not translated into sustained price momentum for those assets.
Bitcoin has surged back to $91,000, closing in on its Sunday high of $95,000 following the initial reserve announcement. In contrast, XRP is trading at $2.57—still 17% below its weekend peak. ADA and SOL have seen even larger pullbacks, down 27% and 20%, respectively, from their Sunday highs, per TradingView data.
This underperformance suggests that investors are hesitant to assign significant weight to Trump’s inclusion of these altcoins in the reserve plan. Some analysts speculate that Trump’s initial reference to multiple tokens may have been a strategic move to broaden support for the initiative rather than a concrete commitment.
Additionally, some market observers argue that even a Bitcoin-only reserve faces hurdles.
“The idea of a Bitcoin Strategic Reserve (BSR) is compelling, but it clashes with the stance of major global financial institutions like the IMF, which has historically opposed sovereign BTC accumulation,” said Jeff Park, head of alpha strategies at Bitwise Asset Management, in a post on X.
Park emphasized that while the political discourse around a U.S. BSR is a positive development, meaningful progress will require a shift in international policy. “The real signal will come when institutions like the IMF soften their stance. Until then, traders should be cautious about overestimating near-term impact,” he added.
As anticipation builds for Friday’s summit, Bitcoin remains the dominant force in the market, while altcoins continue to struggle for relevance in the broader narrative.

                        
                                        
                                        
                                        
                                        
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