#Bitcoin Dips as Trump Establishes Strategic #CryptoReserve


Bitcoin’s price took a sharp $6,000 drop after President Trump signed an executive order creating a U.S. Strategic Bitcoin Reserve. $BTC fell from $90,251 to $85,091 before rebounding to $87,600 at the time of writing.


📉 Why the Drop?

The move was widely expected, leading to a classic "sell the news" reaction. The order stops auctioning off seized crypto assets and instead holds them as part of a national stockpile—essentially a digital Fort Knox.


🇺🇸 Key Takeaways:

✅ The U.S. government will retain its estimated 200,000 $BTC

✅ No additional taxpayer money will be used to buy crypto.

✅ A U.S. Digital Asset Stockpile will also be created for non-BTC assets.


Despite the dip, Trump’s pro-crypto stance has fueled BTC’s broader rally from $65K to a high of $108K since his election win. Could this new policy be a long-term bullish catalyst? 🚀


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#StrategicCryptoReserve

#Macro Insights#

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March 07, 2025 at 2:37 AM
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