Donald Trump has signed an executive order to establish a strategic Bitcoin reserve in the United States.
President Trump’s executive order creating a strategic BTC reserve marks a pivotal moment for the crypto space. The reserve will hold Bitcoin seized from criminal activities, without taxpayer money involved. This initiative aims to stabilize Bitcoin's value and maximize the potential of seized assets, avoiding past mistakes of premature sales.
However, the market reacted with a decline: within 40 minutes, BTC lost 6%, dropping from $90,400 to $84,600.
Why did this happen?
Investors expected more. The plan suggests that confiscated BTC (around 200,000) will become part of the reserve, but it is unclear how further accumulation will be funded. Additionally, the creation of a "Digital Asset Stockpile" for confiscated altcoins also disappointed the market.
The BTC price has partially recovered and is now trading above $88,500.
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