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ETH $1,908.43 +1.20%
BNB $604.65 -0.14%
XRP $0.9998 -0.15%
SOL $75.79 +0.67%
TRX $0.3310 -0.15%
DOGE $0.0702 +0.35%
ADA $0.1738 -2.87%
BCH $204.07 +0.20%
LINK $9.47 +0.25%
HYPE $58.92 +1.91%
AAVE $87.95 +1.25%
SUI $0.6756 -0.23%
XLM $0.1578 +0.02%
ZEC $515.15 +4.76%

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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