“Request 1,000 to settle in 500.” The classic real estate negotiation approach involves starting with an intense demand, creating a counterpart action so that the deal will eventually be able to end the deal at a lower price, which is your intended goal.
US president Donald Trump, formerly a real estate tycoon, seems to use the same strategy of the promised strategic crypto strategies consisting of bitcoin (BTC) and perhaps Ether (ETH).
On Sunday, Trump told the fact that he was expecting those focused on Payments dedicated to XRP, Solana’s Sol, and Cardano’s ADA tokens to be part of the strategic digital assets reserve with Bitcoin and Ether in the core. The initial reaction to the market was huge, lifting a total market cap of 11% or $ 300 billion to $ 3.09 trillion.
The rally, however, ran out of Steam Monday as market participants began to criticize Trump for misinformation or unaware of supporting XRP and ADA integration. As expected, the initial excitement has prepared the way for realization that Trump still needs to secure the approval of Congress, and plans to invest in altcoins oppose dog’s efforts to break costs and overthrow the debt.
“The big problem here is optics. When you include the altcoins whose use case is too nascent to be considered” national strategy, “you endanger the thought of dealing even though it is a patent. It is negative political, even in a subset of crypto lovers, X.
“Trump will soon understand in the land of crypto what Bitcoin is – and only Bitcoin – represents,” Park added.
However, every few observers, the mention of altcoins appears to be a form of intense demanding, intended to fill the opposition (Congress) and create action in discussions about the strategic crypto reserve.
“The announcement is probably just the usual negotiation of Trump negotiations. IE call for a strategic reserve with XRP, Sol and Ada, so he can get one for BTC (and perhaps ETH), “some Solot, Senior Global Market Strategist in Marex Solutions, said a client note titled” Curb Your Enthusiasm. “
Solot added that the US will remain in the caught digital asset stockpile, but the possibility of the government’s BTC government buying less than 50%. Meanwhile, the odds of buying ETH are small but true while those for altcoins are miniscule.
Critics against XRP and ADA are arguing by pointing out that these cryptocurrencies lack the existence of the real world and the established utility of Ethereum and Solana, which actively supports financial activities through Stablecoins.
In addition, CME has not yet announced plans to list XRP and ADA Futures, which is probably why there is so much against the addition of these coins to the National Reserve. Note that before approved by the Bitcoin and Ether ETFS area, the SEC approved the investment of ETFs to the listed BTC and ETH Futures, which reliance with the exchange tracking system to care for price manipulation concerns.
Jason Atkins, Chief Commercial Officer at the crypto-making firm Auros, said market reactions to Trump’s announcements opened in three stages, with the first characterized by rumors, the second by a hyperbolic announcement and the final one by tough conversation.
“The second phase is that an official announcement from Trump or his team, with the possibility of mirroring the speculation of the first nature of the first. His style of negotiations -that is -characterized by hyperbole, outsized promises, and demands beyond what can be done immediately -often result in a initial flow of sentiment. Positively, mainly because of the relief that follows the risk of reducing the phase.
Atkins added that the possibility of another washing of leverage remains high as investors re -evaluate the reality of the bureaucracy, negotiations, and the uncertainty surrounding the actual flow of funds.
“Due to the approval of Congress remains a drawback and the timing of real fund movements is unsure, merchants and investors need to be evaluated if it is a structural transfer or another cycle of volatility driven by speculation,” Atkins said.
