5 Minutes Market Update: Bitcoin Strategy Reserve Announcement! [isn't what we thought it would be]

5 months ago
81

Yay! The moment everyone in crypto has been waiting for! President Trump signed an executive order for a Bitcoin Strategic Reserve- with a twist. There is no plan (so far) to buy more Bitcoin, but rather, not sell the ~200,000 BTC that the government already owns. Underwhelming? Uh, yeah, you could say that. And the market is responding negatively to the news.

But there's still a glimmer of hope with Friday's White House Crypto Summit.
#BITCOIN #CRYPTO #Cryptomarket

Links:
Video of Trump signing the executive order: https://x.com/Kobeissi...

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