Crypto wipes out gains as Trump's reserve plan lacks details

But bulls remain undeterred about digital currencies under current U.S. administration

20250304 crypto sinking

The Trump administration's announcement that it will create a reserve, including lesser-known, more thinly traded cryptocurrencies, has already drawn criticism from some Republicans and billionaires.   © Reuters

LISA KIM

TOKYO -- Cryptocurrency prices on Tuesday wiped out short-lived gains from the previous day, as enthusiasm over U.S. President Donald Trump's plan to create a strategic reserve of digital assets waned due to a lack of details.

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