#Cryptocurrencies were riding high, after #Trump announced that he would create a national #crypto reserve w/ 5 tokens, including 3 lesser-known & highly volatile ones.
It’s the latest boost Trump has given the crypto industry, which spent ~$130M backing him & other #Republicans. But the news drew criticism, including from conservatives & even ardent crypto backers, over many concerns: giveaways to a #wealthy community, delegitimizing digital currency industry & more.