Odaily reported that after Trump announced the inclusion of Altcoins in the US crypto strategic reserve, although it temporarily drove Bitcoin up by 10%, its market dominance was weakened, dropping below 50% at one point. Analysts found it surprising that the Trump administration did not implement a Bitcoin reserve, and were puzzled by the logic of including Altcoins. Bitwise's chief strategist believes Trump underestimated the importance of focusing the crypto strategic reserve on Bitcoin. Even the crypto-unfriendly economist Peter Schiff pointed out: "What is the rationale for an XRP reserve? Why do we need it? I disagree, we have a gold reserve, Bitcoin is digital gold, so let's create a Bitcoin reserve instead." (Cointelegraph)