President Trump Signs Executive Order Creating Strategic Bitcoin Reserve – Why is BTC Price Collapsing?
Former U.S. President Donald Trump has signed an executive order to create a strategic Bitcoin reserve, marking a historic moment for the world's largest and oldest cryptocurrency.
Despite the significance of this move, the market reacted negatively, causing Bitcoin's price to drop. As of Friday, BTC was trading at around $87,000, down 3%, as traders seemed unimpressed by the announcement.
