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BTC $77,350.64 +0.21%
ETH $2,447.41 +0.79%
BNB $699.01 -0.09%
XRP $1.48 -0.56%
SOL $94.61 -1.22%
TRX $0.3435 -0.48%
DOGE $0.0917 -1.69%
ADA $0.2215 -2.31%
BCH $273.85 -1.58%
LINK $11.44 -1.79%
HYPE $80.72 -0.05%
AAVE $139.61 +11.28%
SUI $0.8340 +1.67%
XLM $0.1951 -1.62%
ZEC $831.25 +3.57%

Nansen Chief Analyst: Trump's crypto reserve plan still needs time for congressional voting and other procedures

2025-03-03 20:55:36

ChainCatcher news, Aurelie Barthere, the chief research analyst at blockchain analytics firm Nansen, stated that the rise may be temporary due to the lengthy approval process required to establish a U.S. cryptocurrency reserve: "I think building reserves by purchasing new tokens is a complex process that requires a congressional vote, so it takes time. I'm a bit concerned about the sustainability of today's initiative."

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