XRP, DOGE, ADA Slump 9% as Trump Douses Bullish Crypto Reserve Hopes

### **XRP, DOGE, ADA Drop 9% as Trump Dampens Crypto Reserve Hopes**

Major altcoins **XRP, Dogecoin (DOGE), and Cardano (ADA)** have slumped nearly **9%**, following **Donald Trump’s comments** that downplayed expectations for a U.S. **Bitcoin reserve**.

### **Key Highlights:**

- **Market Selloff:** XRP, DOGE, and ADA saw sharp declines as investor sentiment turned bearish.

- **Trump’s Statement:** The former president clarified that while he supports crypto innovation, **a U.S. Bitcoin reserve isn’t a priority**.

- **Broader Market Impact:** Bitcoin and Ethereum also faced minor pullbacks, but altcoins took the biggest hit.

Crypto investors had **hoped for a government-backed digital asset reserve**, but Trump’s stance led to a swift market correction. Analysts now await further policy insights to gauge long-term trends.