CNBC: Crypto Market Volatility Increases After Trump Signs Strategic Bitcoin Reserve Executive Order
2025-03-10 08:38:41
According to CNBC, Bitcoin fell on Monday, affecting market sentiment after President Trump signed an executive order creating the U.S. Strategic Bitcoin Reserve. The reserve will be funded by bitcoins seized in criminal and civil forfeiture cases, and the U.S. government currently has no plans to buy more bitcoins. Cryptocurrency prices fell after the strategic reserve was announced last week, and investors were disappointed that there were no more aggressive measures in the plan.
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