Commerce Secretary Howard Lutnick noted that Bitcoin will be treated differently from other cryptocurrencies under the proposed U.S. Crypto Reserve. The specific model for handling altcoins is expected to be revealed during the White House’s Crypto Summit.
After the announcement of the U.S. Crypto Strategic Reserve, cryptocurrencies experienced initial price boosts. However, Bitcoin’s price dropped over 10% following new tariffs imposed by President Trump, affecting overall market sentiment.