Bitcoin and the rest of the cryptocurrency market had a rough start to the year as fears rose that the Federal Reserve might be nearing its last interest rate

Ripple executives reportedly pitched adding XRP to a federal crypto reserve during a private dinner with Trump at Mar-a-Lago.

A leak has revealed the incoming Trump administration could create a wider crypto reserve—prioritizing U.S.-created cryptocurrencies such as XRP and

The cryptocurrency industry has pushed President-elect Donald J. Trump to establish one, creating real political momentum behind the plan.

There are already media reports that other nations, including Japan, Russia and China, are accumulating bitcoin ahead of a possible SBR announcement by the US. And Trump has even indicated that he might repeal a controversial crypto accounting rule that would allow banks to hold more bitcoin.

Ripple's XRP cryptocurrency prices surged almost 30% in the past five days to trade at £2.67 ($3.25) per token on 17th January, breaking past major resistance levels and reaching an all-time high of £2.

Bitcoin saw a sharp decline in price during much of the past week. The cryptocurrency fell nearly 10% from Jan. 7 through Jan. 14. Bitcoin's slide was mirrored by altcoins across crypto with Ethereum,

The president-elect and his family have a direct and potentially lucrative stake in the sale of a cryptocurrency product that surged in value in the hours after going on sale, days before his inauguration.

The cryptocurrency market saw a notable surge on Saturday. Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) all experienced a rise in value, as traders anticipate a potential ‘Trump bump’ with the upcoming second Donald Trump presidency.

Brian Armstrong, CEO of Coinbase, has publicly endorsed a proposal for global leaders to establish Bitcoin strategic reserves.

As he assumes the presidency for a second time, Donald Trump brings with him a broad expanse of business relationships and financial entanglements.