Bitcoin fell about 6 % after US President Donald Trump signed an executive order to create a strategic bitcoin reserve.
The market participants were hoping that the government would announce a plan to buy more Bitcoin (BTC), but Trump Ter David Sachs He said On X, you will only use Bitcoin that it already carries from criminal cases-although it will look forward to developing “budget neutral” strategies to acquire an additional Bitcoin.
Bitcoin decreased about 6 %, decreased from 90,400 dollars to 84,979 dollars, according to Coinmarketcap Data.
Bitcoin has recovered a little since then, as it has been traded at $ 86,460 in publication. source: Coinmarketcap
Eter (ETH), XRP (XRP), Solana (Sol) and Cardano (ADA) also fell on the news, after the bags confirmed that there will be a “US digital asset stock”, but also consists of the digital assets that were filmed in criminal or civil procedures.
“The government will not get additional assets for the stock behind those obtained through confiscation procedures,” Sachs said.
In the past hour, ETHER decreased by 4 %, XRP decreased by 7 %, Solana decreased by 5.14 %, and Cardano slipped by 9.19 %.
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