Trump names cryptocurrencies in strategic reserve; prices spike | CNN Business

CNN  — 

U.S. President Donald Trump announced the names of five digital assets he expects to include in a new U.S. crypto strategic reserve on Sunday, spiking the market value of each.

Trump said on social media that his January executive order on digital assets would create a stockpile of currencies including bitcoin. The names had not previously been announced.

The assets rose 8% to 62% in trading on Sunday.

Trump said his order “directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and

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