Odaily News U.S. President Trump signed executive orders related to cryptocurrency and artificial intelligence on Thursday, but the order caused mixed reactions elsewhere in the crypto community. Bitcoin fell about 1% to $102,750 after the executive measures were announced, because the order did not explicitly state that the largest cryptocurrency would be at the center of the national reserve as many speculated. Zaheer Ebtikar, founder of the crypto fund Split Capital, explained: "What cryptocurrency supporters want is very different from Trump's executive orders on cryptocurrency and AI. If you think about it, even if the U.S. government buys one Bitcoin, it will have a huge response because all other governments will follow and buy it. Evaluating potential national digital asset reserves is the most optimistic news." (Bloomberg)
