CNBC: Crypto market volatility increases after Trump signs executive order on strategic Bitcoin reserves

2025-03-10 08:37

Odaily News Bitcoin fell on Monday, with sentiment affected after President Trump signed an executive order to create the U.S. Strategic Bitcoin Reserve. The reserve will be funded by bitcoin seized in criminal and civil forfeiture cases, and the U.S. government has no plans to buy more bitcoin. Cryptocurrency prices fell after the strategic reserve was announced last week, with investors disappointed that the plan did not have more offensive measures. (CNBC)

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