Trump's Crypto Shift Favors Bitcoin, Altcoins Lag Behind

President Donald Trump is set to announce a significant shift in crypto policy, including plans for a crypto strategic reserve, at Friday's White House crypto summit. While bitcoin (BTC) is expected to receive special status, other coins, including ADA, SOL, and XRP, will also be positively regarded. However, the market appears to be pricing in minimal expectations for these altcoins, as evidenced by their lackluster price movements following Trump's announcement.

BTC has bounced to $91,000, trading 4.5% short of Sunday's high of over $95,000 brought by Trump's announcement of the crypto reserve. In contrast, XRP trades at $2.57, or 17% short of the Sunday high of $3.02. Cardano's ADA and Solana's SOL are short 27% and 20% from their respective highs on Sunday. The lag in these tokens compared to BTC indicates that investors do not anticipate Trump will assign a significant role to them in the strategic reserve. Some observers believe that Trump's initial mention of these tokens was bait to secure the BTC reserve.

Cardano's ADA and Solana's SOL have experienced significant declines, with ADA down 27% and SOL down 20% from their respective highs on Sunday. This lag in performance compared to Bitcoin (BTC) suggests that investors may be more cautious about these altcoins, despite their potential for growth and unique use cases. The underperformance of ADA and SOL relative to BTC highlights the volatility and risk associated with altcoins, even those with strong fundamentals and technological advancements.

XRP, another altcoin under consideration for inclusion in a U.S. crypto reserve, has also faced scrutiny. Industry leaders have criticized the inclusion of XRP and ADA in the reserve, arguing that it delegitimizes assets like Bitcoin. This debate underscores the ongoing discussion about the role of altcoins in the broader cryptocurrency ecosystem and their potential to challenge the dominance of Bitcoin. The inclusion of XRP and ADA in a U.S. crypto reserve could have significant implications for the cryptocurrency market, potentially driving further adoption and investment in these altcoins.

Despite the criticism, the consideration of ADA, SOL, and XRP for inclusion in a U.S. crypto reserve reflects a growing