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BTC $78,852.94 +0.71%
ETH $2,486.76 +0.56%
BNB $749.30 -0.54%
XRP $1.42 +1.99%
SOL $103.52 +0.63%
TRX $0.3388 +0.30%
DOGE $0.0902 +0.85%
ADA $0.2178 +0.12%
BCH $257.42 +0.66%
LINK $12.04 -3.96%
HYPE $85.79 +2.76%
AAVE $128.69 -0.84%
SUI $0.8053 -1.36%
XLM $0.1874 -0.95%
ZEC $1,252.08 +8.52%

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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