Bitcoin and Crypto shares achieved great success after President Donald Trump signed an executive order to create a strategic reserve for Bitcoin Thursday evening, using Bitcoin’s currency confiscated by America from criminal and civil cases.
the advertisementCrypto CZAR DAVID SACKS, immediately sent by 5 %, and collapsed to 85,000 dollars within minutes.
A strategy ($ MSTR), the largest company holder in Bitcoin, has decreased by more than 7 %, as investors shouting in a blatant disappointment in Trump’s actions again, perhaps because he is mysterious.
I mean, check the video below, it’s just bags speaking. Trump looks as if he has no idea of what he is even in this alleged presidential executive.
Trump disappoints the encryption community – again
In a post on X, the bags confirmed that the taxpayer money will not be used to buy Bitcoin or any other encrypted currencies. Instead, the government will already store 200,000 Bitcoin in its possession – an amount that has not been fully audited.
“The United States will not sell any bitcoin deposited in the reserve. It will be kept as a value store. SACKS said that the reserve is similar to the digital fortress in the cryptocurrency that is often called“ digital gold ”.” Early bitcoin sales have already cost taxpayers in the United States with a value of more than $ 17 billion. Now the federal government will have a strategy to increase the value of its property to the maximum. “
While many Bitcoin supporters initially supported Trump for his pro -profit duty, his latest actions have turned society against him. In a social post during the weekend, Trump revealed that SHITCOINS XRP, Solana (SOL) and Cardano (ADA) will also be part of the Strategic encryption reserve, after promising the BitCon reserve on the campaign path.
“I have nothing against XRP, Sol or Ada, but I don’t think it is suitable for a strategic reserve. One of the digital assets only meets the world at the current time, and this digital assets are Bitcoin,” said Tyler Winklevoss, a Bitcoin lover for a long time.
NIC Carter, co -founder of Castle Island Ventures, Tyler’s concerns, and CNBC told that the decision may damage the long -term Bitcoin mode. Carter said: “It is clear that the United States is the most important country in the world, and therefore their approval seal does a lot for Bitcoin,” Carter said. “But by including other encrypted currencies, it begins to look more like the speculative box instead of the serious national reserve.”
Now, many in society see Bitcoin reserve for Trump as nothing more than controlling damage, although it is very badly implemented. In his book X, Sacks said: “This executive matter proves the commitment of President Trump to make the United States the capital of encryption in the world. I would like to thank the president for his leadership and his vision in supporting this advanced technology and his rapid implementation in supporting the digital asset industry. His administration is really moving at the speed of technology.”
Trump’s actions continue to break the markets
The broader stock market also showed a weakness after the executive order, as the NASDAC boat decreased by 8 % since the start of the second Trump state. S&P 500 has decreased by 4.3 % since the opening day. Russell 2000 9.2 %, one of its worst offers in 2025, sank for all data from CNBC.
According to data from Coingecko, Bitcoin has now increased by 29 % since the elections, but decreased by 18 % since the opening day, ETHEREUM has decreased by 12 % since the elections, 37 % since the opening day, XRP has increased by 380 % since the elections, but has decreased by 23 % of 23 % since Trump’s second period, Solana has declined 50 %. Since the day of Inaugury.
Michael Sailor, founder of the strategy and CEO of Bitcoin’s informal company in addition to Hype Man Extraordinaire, has publicly not spoken about Bitcoin Reserve news yet.
Senator Sina Lomes, who first reached the idea of bitcoin reserves, He said“We have become Bitcoin and the capital of digital assets in the world. America is very. Stay next week.”
Before announcing the reserve, the US government had a long history of selling bitcoin at the price of the deal. According to David Sachs, over the past ten years, the federal government sold 195,000 Bitcoin for only $ 366 million. If they had adhered to it, the same bitcoin will reach $ 17 billion today.
The bags describe the losses as a big mistake. “This is the amount of American taxpayers the cost of not having a long -term strategy,” he said. Bitcoin strategic reserves are supposed to fix this problem by ensuring that the government is carrying Bitcoin, rather than throwing it at low prices.
Treasury Secretary Scott Payet is scheduled to appear on “Squawk Box” from CNBC at 7 am New York time on Friday, where fears are expected to address how to strategically affect the bitcoin reserves on the markets.
Investors will search for clarity on how the government plans to gain more bitcoin without affecting the price, because Sacks said: “I would also like to thank the president’s work group on the digital asset markets – especially Treasury Secretary Scott Payette and Trade Secretary Howard Lottenic – for helping them and supporting them in doing so. Finally, Bo Heins played an important role as an executive director of our work group.”
XRP Lawyer Johnny Diton explained to the community that: “What David is trying to tell you is that Eo Donald Trump is incredibly up.
In a separate publication, Johnny shared the idea that America should allow taxpayers to pay their federal taxes in BTC, without incurring responsibility for capital gains, and the government can take part of each tax batch (05-1 %) in BTC and redirect it to the strategic reserve. Johnny said: “The federal government and American taxpayers are in a real partnership, both of which win,” Johnny said.
Meanwhile, Federal Reserve Chairman Jerome Powell is scheduled to talk about the “first half report”, as he will definitely be asked to comment on whether Bitcoin reserves are appropriate for the long -term economic strategy of the Federal Reserve.
The bond markets were also interacting, with the return on the cabinet for 10 years at 4.27 %, while the treasury yield for two years sits by 3.95 %. Goldman SACHS analysts predict that the government’s bitcoin policy can lead to changes in the bond market.
The Coindesk 20 index, which tracks a wide range of encryption assets, has risen about 40 % since the elections, but has lost 31 % since January 20.
Cryptopolitan Academy: Do you want to develop your money in 2025? Learn how to do this with Defi on our next electronic performance. Keep your place
