All Of The Gains From Trump’s Strategic Reserve Plans are Reversed as ADA, XRP, and SOL Drop 21%

On Tuesday, three popular digital coins—Cardano, Ripple, and Solana—lost a lot of their value, dropping by 21%. Just a few days earlier, these coins had become much more valuable because people got very excited when President Trump said the United States might set up a big reserve of digital money. Many thought this news would help make digital coins more accepted and even used by big companies.

At first, the announcement made the prices of these coins jump very high. Cardano went up by more than 60%, Ripple increased by 33%, and Solana climbed by 22% in just a few hours. But soon, many people decided to sell their coins to take their profits. When lots of people sell, the prices drop quickly. In this case, the coins lost all the gains they had made from the excitement, and they ended up falling 21% from where they had reached.

The sudden drop in prices was not only because people sold their coins; other events made the market very nervous too. President Trump also announced new tariffs—extra taxes—on goods coming from Canada, Mexico, and China. These tariffs made investors worried about the overall economy. Because of that worry, more people decided to sell their digital coins, which added to the fall in prices.

The effects were not limited to Cardano, Ripple, and Solana. Even Bitcoin and Ether, two of the biggest digital coins, began to lose value. Bitcoin dropped by 9% and was trading at about $84,000. Ether fell by 12%, and its price went down to just above $2,000, which was the lowest it had been for a long time. These losses show that the entire digital coin market was feeling the pressure.

Now, investors are looking forward to a big meeting called the White House Crypto Summit, which is scheduled for Friday. Leaders and experts will talk about digital coins and discuss what might happen next. Many people hope that the meeting will bring more clear rules and ideas that could help calm the market. Others worry that if things remain uncertain, prices could fall even more.

In simple terms, the digital coin market was riding high on exciting news a few days ago, but then fears and worries about extra taxes and a shaky economy made many investors sell their coins. This sudden selling caused the prices of these coins to drop sharply. Now everyone is waiting to see if the meeting on Friday will help to make things better or if more changes are coming.