- Lutnick supports Trump’s crypto policy on reserve establishment.
- Strategic reserve includes Bitcoin, XRP, and Cardano.
- Market rallies followed reserve announcement.
U.S. Commerce Secretary Howard Lutnick has not publicly addressed any issues with Elon Musk; his statements focus solely on crypto strategy. This includes supporting President Trump’s U.S. Strategic Bitcoin Reserve and discussing protocols for other digital assets.
Summarizing the recent development, U.S. Commerce Secretary Howard Lutnick confirmed President Trump’s establishment of a U.S. Strategic Bitcoin Reserve, which includes several major altcoins, significantly impacting the crypto market.
The initiative marks a shift in U.S. government strategy, emphasizing cryptocurrency as part of official reserves. The announcement of the new reserve has led to a significant market rally for the included assets.
Howard Lutnick, a notable financial executive, has affirmed President Trump’s move to set up the U.S. Strategic Bitcoin Reserve. No verified disputes between Trump and Elon Musk exist regarding the reserve.
“A bitcoin strategic reserve is something the President’s interested in. He spoke about it all during the campaign trail, and I think you’re going to see it executed on Friday.” — Howard Lutnick, U.S. Commerce Secretary
Trump’s crypto policy includes Bitcoin and altcoins, with precise strategies for reserve management forthcoming. As a consequence, the crypto market experienced substantial growth, particularly in Bitcoin and others, included in the reserve.
Lutnick’s firm, Cantor Fitzgerald, has reportedly increased holdings in Microstrategy. The reserve, a pioneering government-led initiative, reflects an evolving approach toward digital currencies. With direct government exposure to major cryptocurrencies, potential impacts on regulations and market dynamics are anticipated.
About the author
Jump Crypto Allegedly Receives 9.28 Million LIT Tokens
Jump Crypto reportedly received LIT tokens in an unconfirmed airdrop, raising transparency concerns in the crypto market.
Ethereum Achieves Record 2.2 Million Transactions in a Day
Ethereum mainnet achieves 2.2M transactions on Dec 29, 2025, with reduced fees from recent upgrades.
Bitcoin Approaches $89,000 Amid Low Liquidity Conditions
Bitcoin reaches $89,000 with minimal daily change, influenced by low holiday liquidity and market dynamics.
Neo Foundation Co-Founders Dispute Over Treasury Control
Neo co-founders Erik Zhang and Da Hongfei dispute treasury control, with operational continuity affirmed.
Gate.io Conducts 54th Contract Points Airdrop with NIBI Tokens
Gate.io has launched its 54th airdrop, distributing NIBI tokens valued over $27 per account.
Lighter Platform Reaches $250 Million Withdrawal Milestone
Lighter's cumulative withdrawals hit $250M, accounting for 20% of its $1.4B TVL.
Related
Jump Crypto Allegedly Receives 9.28 Million LIT Tokens
Jump Crypto reportedly received LIT tokens in an unconfirmed airdrop, raising transparency concerns in the crypto market.
Ethereum Achieves Record 2.2 Million Transactions in a Day
Ethereum mainnet achieves 2.2M transactions on Dec 29, 2025, with reduced fees from recent upgrades.
Bitcoin Approaches $89,000 Amid Low Liquidity Conditions
Bitcoin reaches $89,000 with minimal daily change, influenced by low holiday liquidity and market dynamics.
Neo Foundation Co-Founders Dispute Over Treasury Control
Neo co-founders Erik Zhang and Da Hongfei dispute treasury control, with operational continuity affirmed.
Gate.io Conducts 54th Contract Points Airdrop with NIBI Tokens
Gate.io has launched its 54th airdrop, distributing NIBI tokens valued over $27 per account.
Lighter Platform Reaches $250 Million Withdrawal Milestone
Lighter's cumulative withdrawals hit $250M, accounting for 20% of its $1.4B TVL.
