CandleFocus Bitcoin Price Drops As President Trump Creates Strategic Crypto Reserve
2025-03-07
Author: Content Editor
President Trump has signed an executive order to establish a strategic Bitcoin and crypto reserve, causing a significant drop in the price of BTC. The order aims to hold digital assets seized from criminal activities rather than auctioning them off, creating a national reserve. BTC fell from $90,251 to $85,091 following the announcement but has since recovered to $87,202. The executive order confirms that the government will not actively purchase BTC and will instead keep it as a store of value. The order also establishes a U.S. Digital Asset Stockpile. Trump's pro-crypto stance had previously caused a surge in BTC's price.
Related News
Solana (SOL) Struggles Below $150 as Whale Accumulation Slows Not Your Keys, Not Your Content: Ownership In A Digital Age Jake Chervinsky: SBR and stockpile “not enough” to make U.S. crypto capital of the world Judge refuses to block Elon Musk’s D.O.G.E from accessing US Treasury data Options Whales Not Convinced! Short-Term Decline in Bitcoin and Two Altcoins, Expect Rise in XRP! “A misguided rush to regulate” — 1inch CCO blasts IRS over DeFi crackdown as Senate overturns rule Congressman French Hill back's Trump's Bitcoin reserve order, calls for federal crypto legislation Avalon Labs’ AVL price soars 81%: can it hit $1? Sanctioned Russian Crypto Exchange Garantex Seized, Operators Charged With Money Laundering XRP Bull Run Ignition? Analyst Predicts Major Price Surge, Cites Key XRP Patterns AI predicts Bitcoin price for March 31, 2025 Ripple founders lobbied for XRP reserve, got sell-only stockpile instead Arbitrum-focused Offchain Labs CEO says US crypto reserves should be only Bitcoin Aave (AAVE) Remains Critical Asset for DeFi Segment, IntoTheBlock Data Says Bitcoin staking layer Core integrates Cobo to expand dual BTC staking in Asia JTO price stuck in a bear market as Jito’s revenue hits $410m BREAKING: FED Chair Jerome Powell is Speaking – Here’s What He Says at a Critical Crossroad SEC's memecoin statement marks the latest in a 'series' of actions since the Trump administration took office, sparking support and criticism Dogecoin Whales Sell 2 Billion DOGE as Price Nears Death Cross KuCoin Unveils KCS Loyalty Level Program with Exclusive Rewards Axie Infinity reveals Atia’s Legacy MMO, AXS reward pool A brief history of Ethereum’s relationship with ZK Time to Buy FET? 5-Month Dormant Whale Resurfaces, Dumps 3 Million Fetch.AI Tokens Darknet Marketplace Wallets Suddenly Activated After Nine Years Of Inactivity Pro XRP Lawyer Breaks Silence On Donald Trump’s Executive Order On Bitcoin Reserve Singapore Trade Minister: 'Consumers Should Stay Clear of Cryptocurrencies' Will BTC Break Above $91,692 or Drop to $85K? Trump potentially dials back Elon Musk’s DOGE authority, clarifies that Cabinet should make staffing decisions PEPE Price Stalls as Team Issues Warning on X Account Will Solana’s Tokenomics Shift With SIMD-228 Drive SOL Price To $200? Coinbase a Buying Opportunity After Three-Week 30% Plunge: Rosenblatt ADA, XRP, SOL Plunge as White House Backpedals on Trump's Crypto Reserve Plan SEC Drops Multiple Lawsuits and Investigations Against Crypto Firms—Here’s the List Bybit Integrates with Jito to Unlock Restaking Rewards with rstSOL on Solana Crypto Market Sees $534M in Liquidations Amid Renewed Tariff Tensions ONDO Drops 10% Amid OUSG Deployment on the XRP Ledger Altseason Incoming? Breakout Levels for Major Altcoin Rally — Analyst XRP Price Prediction as Analyst Disputes XRP’s Neutrality, Rejects Strategic Reserve Inclusion VanEck Exec Spots Bullish Setup on Bitcoin Chart: Details Crypto Analyst Warns Large-Cap Memecoin Could Crash 93%, Outlines Path Forward for Bitcoin, Ethereum and Solana XRP Price Prediction March 8: Bulls vs. Bears at $2.60 & $2.40 — Trader’s Guide Tether Recognized for Assisting the United States Secret Service in $23m Freeze Related to Transfers on Sanctioned Exchange, Garantex XRP Defies Bearish Market Cues As Key Holders Support 15% Price Rise This Week Binance Coin (BNB) Faces Sell-off Threat, Here Are Key Levels to Watch XRP price may crash 55% if strategic crypto reserve inclusion fails XRP Lawsuit: How Ripple’s $125M Penalty Could Be Added To The US XRP Stockpile XRP and Cardano Communities Will Not Like This Strategic Reserve Nuance XRP Price Defends $2.50 as Dormant Whale Deposits 2.65M XRP: Is $3.87 Next? Crypto Whales Bought These Altcoins in the First Week of March 2025 Bitcoin ETFs Experience Another Wave of Outflows, BlackRock in Focus Nasdaq planning to offer 24-hour trading by 2026 'Big Day': Coinbase Stuns Crypto Community With Epic Tweet WazirX Hack News: FIU Launches Probe Into Exchange’s Security Failures ? White House Official Makes Very Confusing Statement About Cardano (ADA), Ripple (XRP) and Solana (SOL) – Bringing a Drop Yescoin founder arrested in Shanghai following dispute with business partner, company says Binance Will Allow Community Votes on Token Listings and Delistings Celebrating Dorian Nakamoto, the Satoshi who wasn’t JUST IN! Binance Announces Its New Feature for Altcoin Listings! Ripple co-founder’s $150M wallet hack traced to LastPass security breach: ZachXBT US urged to sell government's 1.4 billion lbs of cheese reserves to buy Bitcoin As Crypto Summit Nears, White House Maintains Special Status for Bitcoin Dogecoin Price Risks 42% Crash as Death Cross Looms Bitcoin price analysis: DXY, US bond yields crash, M2 money supply rises BTC Staking Platform Core Seeks Further Institutional Reach With APAC Custodian Cobo MicroStrategy (MSTR) Stock Price Falls as Bitcoin Drops Below $100K Here is How High XRP May Reach with Possible Incoming Zero Capital Gains Tax XRP Price Watch: Bulls Eye Breakout as Consolidation Tightens MtnDAO's Experimental Crypto Investment Fund Will 'Outperform VCs' Claims Founder Trump's bitcoin reserve executive order hailed as 'huge moment' by some, dismissed as 'pig in lipstick' by others $500,000,000 in ETH Exit Exchanges This Week – What's Going On? KyberSwap Integrates NEAR Intents to Enable Seamless Cross-Chain Asset Swapping How Global Liquidity Fuels Bitcoin Price Growth Atok and Bitget Wallet Collab to Improve User’s Crypto Experience Bitcoin (BTC) May Crash from $100,000 This Year, Mike McGlone Warns Standard Chartered says funding of US Strategic Bitcoin Reserve could involve selling gold as a 'budget-neutral' option Does crypto need disclosures? Bitcoin Price Analysis Puts $100k on Bulliash Radar Amid Breakout Chances Chainlink (LINK) Rebounds From Key Support as Market Eyes Next Resistance 'Bitcoin Is Cheap Now,' Says Satoshi Nakamoto Associate 4.68 Trillion Shiba Inu (SHIB) Surge: Who's Behind It? ONDO Tops Losers List After Sharp 13% Decline – What’s Next? Whale Nets $26M on HyperLiquid Shorts Analyst Unveils Massive Price Target for Top-10 Altcoin, Says the Crypto Asset ‘Looks Incredibly Healthy’ XRP Price Prediction for March 7 Ficc.ai to Use Stellar Blockchain Technology to Provide Trusted Pricing Data for Traditionally Opaque Asset Classes and Improve Access to Real-Time Bond Pricing Shiba Inu to $0.001, Key Market Predictions You Need to See Dogecoin (DOGE) Stuck at Same Level for 11 Days – Why? XRP Ledger v2.4.0 Released with Major Updates—New Features & Fixes Binance CEO Makes Important Bitcoin Statement, Likening BTC to Treasure Ethereum Price Analysis: Has ETH Found Support at $2K, or Is More Pain Ahead? Shiba Inu Holds Strong Above Key Support, Analyst Predicts Rally Toward $0.000020 The paradox of progress: Blockchain’s true breakthrough lies in its constraints | Opinion AI tokens’ market-cap bleed 5% as Nvidia stock tumbles Ethereum (ETH) Price Prediction for March 7 CryptoQuant Announced: "The Long-Expected Bullish Signal for Bitcoin (BTC) and Altcoins Came from Binance!" XRP Rival Stellar (XLM) Sees 12% Surge in Volume, Price to Follow? StarkNet’s governance vote for staking mechanism upgrade set to launch in March Cardano Jumps 47% as Whales and Long-Term Holders Double Down on ADA Bitcoin (BTC) Price Prediction for March 7 Elliott Wave Theory Suggests Dogecoin Price to $8.5 Trump confused by Strategic Bitcoin Reserve he just ordered 1inch hit by $5 million exploit in outdated smart contract Trump’s Treasury Secretary Scott Bessent says Bitcoin acquisition plans are in discussion Crypto-critic Elizabeth Warren requests immediate public disclosures from David Sacks ahead of Trump's summit Binance CZ Weighs in as Altcoin Season Index Stays Low at 14/100 TON Ventures to Merge AI and Crypto: Telegram in the Mix Fold Adds 475 BTC, Secures Top 10 Spot in U.S. Public Bitcoin Treasuries The Fourth Largest Weekly Drop in Dollar Index in Over a Decade Signals Bitcoin Bottom Solana Price Analysis as Expert Labels SOL a House of Cards How High Can Shiba Inu Price Get as Shibarium Nears 1B Milestone? U.S. February Job Growth of 151K Roughly Matches Forecasts Whales Dump 230M XRP as Trump Dismisses Plans to Buy Ripple – Will Price Crash Below $2? Bitcoin Price Prediction 2025: Will BTC Break $100K Again? XRP flashes major sell signals, according to analyst Solana Price Volatility Increases Amid SIMD-228 Debate: Can SOL Reach $180? Ethereum Price Forecast: 2 Key ETH Levels to Watch Ahead of First US Crypto Summit Solana Corrects Above $120, But Threatens To Fall Further Dogecoin Price May Crash To $0.015 If It Loses This Support, Says Analyst AIDA Ecosystem & Synthelix AI Unite to Redefine Blockchain with AI-Driven Solutions zkSync Era Becomes Second-Largest Blockchain for RWA Analyst Reveals How Cardano Price Can Rally To $2 Amid ADA Crypto Stockpile Buzz XRP Open Interest’s 5.6% Surge Fueling Price Rally: Analyst Shares Opportunity GoPlus Security responds to GPS token’s 60% plunge as Binance points to market makers PancakeSwap Surpasses $80 Billion in Monthly Volume, Thanks to BNB Chain’s Recovery US strategic crypto reserve could add 1m Bitcoin by 2030 with gold sales, analysts say Bitcoin, Ether, Solana Traders Chase Downside Protection, XRP Stands Out, as Trump's Crypto Plan Disappoints Bitcoin Strategic Reserve: Analyst outlines strategies for the U.S. to buy more Bitcoin AVAX tests key support zone, is a rebound on the horizon? Hedera’s (HBAR) Price At Risk Due To Declining Dependence On Bitcoin Analyst Predicts Fifth Elliott Wave to Push XRP to $28 and Bitcoin to $150,000 Bitcoin to $120,000? Max Keiser Drops Epic New Price Prediction SUI Defies Market Slump with Surge Driven by Trump-Linked DeFi Deal Binance Releases Latest Reserve Report for Bitcoin and 35 Altcoins: Surprise Altcoin Added! How Much of Which Altcoin Do You Have? Bitcoin Fear & Greed Index Shows Optimism but No FOMO Crypto’s Dirty Secret: Offshore Exchanges—Bigger Casinos Than Vegas, Analyst Says Solana’s Fee Structure Sparks Decentralization Concerns as 1.26% of Users Drive Majority Fees Bitwise CIO Explains How US Strategic Bitcoin Reserve Could Transform Global Financial Landscape South Korea to Accelerate Drafting of Second Phase of Cryptocurrency Bill OM Whale Activity Spikes – Is a Price Breakout Coming? Bitcoin Now Equivalent to Gold, Says Samson Mow Nansen: Bitcoin lacks the upward momentum Bitcoin Dips After US Reserve News: Can Bulls Hold $88K? Can SUI Price Hit $7.2 Amid Canary Capital’s SUI ETF Filing? US Bitcoin reserve marks ‘real step’ toward global financial integration Trump Confirms US Will Not Buy XRP for Strategic Reserve Trump Tariff War 2.0: How It Could Affect Bitcoin, Altcoins, and the Broader Market Bitcoin Price Correction: Trump Crypto Reserve Announcement Triggers ‘Buy the Rumor, Sell the News’ Market Reaction Bitcoin Exchange Bithumb Announces Listing of This Altcoin on Its Spot Trading Platform! Here Are the Details Here’s How US Government Could Trigger XRP to $10,000 with TBILL Purchases Trump Wants US to Buy BTC for Its Bitcoin Reserve Using “Budget Neutral Strategies”: What Does That Mean? Falcon Finance Integrates Fireblocks Off Exchange to Enhance User Asset Security Crypto and social media scams top NASAA’s 2025 investor risk list White House Crypto Summit: Nic Carter reacts to March 7 Bitcoin reserve announcement Bitcoin Dropped -9.81% in Last Month and is Predicted to Reach $ 95,055 By Mar 12, 2025 21Shares moves forward with Polkadot ETF filing as DOT holds the $4 support REZ crypto rallies 60% following Coinbase listing, what is REZ? Bitcoin Reserve or Rebranding? The Debate Over Trump’s Latest Executive Order MetaMask integrates the Crypto Tax Calculator and simplifies users’ tax management Unkept Promises: Developer Leaves El Salvador After Change in Bitcoin Stance PEPE Coin MVRV Z-Score Hits Historic Lows—How High Will It Go This Cycle? Bitcoin forgets Strategic Reserve 'sell the news event' with 4% bounce U.S. Stocks Give Up Post-Trump Election Advance While Bitcoin Clings to Gain Grok’s self-named memecoin ‘GrokCoin’ reaches $20 million in market cap Bitcoin Exchange Binance Added This Altcoin, Which It Had Listed Before, To Its Watchlist! Will It Be Delisted? Here Are The Details Base acquires team at PoW blockchain Iron Fish to develop 'privacy-preserving primitives' ‘Bulls Are on Borrowed Time’: Crypto Analyst Justin Bennett Says Bitcoin Primed To Go Lower – Here’s His Target Ethereum’s TVL drops 30% in February as staking demand fades XRP at $2.50: Key Reason It Is Not Going Higher Bitcoin Crashes Under $85,000 as Trump’s Executive Order Sparks $250 Million in Liquidations Litecoin price tumbles below $100 as XRP and ADA take center stage for White House Summit Kima Network Collaborates with SoonChain to Build AI-Powered Gaming Infrastructure Bitcoin has ‘more than 50% chance’ of new high by June: Cory Klippsten Trader Who Accurately Predicted 2022 Crypto Bottom Says Bitcoin Primed To Go Higher – But There’s a Catch FBI Races to Get $8.2M in Seized Crypto Back Into Victims' Hands Pepe (PEPE) Price Drops 5.86% on Account Hack Alert: Trader Warning Shiba Inu (SHIB) Set for 480% Surge? Analyst Price Target Sparks Hope Ethereum Whales Buy 1 Mln Coins, Is This Final ETH Price Dip Before Pump? How much Bitcoin does the US hold, and where did it come from? Market Experts Weigh In on Trump’s Strategic Bitcoin Reserve That Takes Out $17B in Potential Selling From BTC Memecoins are likely dead for now, but they’ll be back: CoinGecko XRP, DOGE, ADA Slump 9% as Trump Douses Bullish Crypto Reserve Hopes Bitcoin Tumbles Below $85K as Trump’s Crypto Reserve Order Sparks Sell-Off Cryptocurrency Law Project Reintroduced in Colombia Analyst suggests declines in US Dollar Index are positive for BTC price, predicts all-time high by May Bitcoin’s Next Move Hinges on Pivotal Support and Resistance Zones US Dollar Reserve Dominance Slipping—Expert Warns Trump's Policies Fuel the Drop Ethena’s Weekly Chart Signals Possible Trend Reversal Dogecoin Hits $0.203 as TD Sequential Signals a Possible Rebound BTC and MSTR crash after Trump’s disappointing Bitcoin strategic reserve order Why Is Bitcoin Price Dropping Despite US Strategic Reserve? Here is How High Dogecoin Can Rise if BTC Reaches $500K, $1.5M, or $13M Crypto Market Today (Mar 7): BTC & Altcoins Fade Despite Trump’s Pro-Crypto Usher NFT trading volume has tumbled 63% since December Pi Coin Price Prediction Today: Can Trump’s Strategic Bitcoin Reserve Push Price Beyond $10? Bitcoin’s Megaphone Pattern Signals $110K Before a Bigger Rally Explosive Memecoins: Top Picks Poised for Massive Growth This Week 4 reasons why Trump’s Bitcoin reserve is actually bullish: Crypto execs Solana validators to soon vote on key 'SIMD-228' proposal affecting network inflation XRP Price Slips, But Buyers Hold Ground—Is a Rebound Coming? Solana (SOL) Struggles to Rebound—Key Hurdles Blocking Recovery Bitcoin Enters ‘Optimism Stage’—Is a Massive Rally About to Begin? Bitcoin slides below $88,000; analysts say Trump’s Bitcoin reserve less bullish than anticipated Flamingo Finance launches OrderBook+ 2.0 on Neo N3 MainNet America’s Top Crypto Contenders: The Altcoins Poised for Growth Canary Capital registers SUI ETF in Delaware Trump’s WLFI and Sui Team Up for Strategic Reserve – SUI Breakout Ahead? Aave Breaks $239 as Buyers Catch Up with to Rally to $350 ENA Eyes Rebound as Whales Sell and Analysts Target $1.95 4 Cryptos to Watch: Potential Tax Cuts Set to Ignite Explosive Growth Chainlink Rebounds 13% Amidst High Volatility and Accumulation World's WLD token trades at an all-time low despite introduction of new messaging feature Arbitrum (ARB) Eyes a Potential Breakout Amid Market Uncertainty Ether sentiment hits yearly low but that could be a good thing: Santiment Bitcoin Price In Limbo—Consolidating Below $92K Ahead of Next Move Qtum Holds at $2.20 Support as Price Targets $3.60 and $6 for A Breakout. Solflare Integrates Seed Vault Wallet into Saga Seeker in Partnership with Solana Mobile Bitcoin Reclaims $90K But This Indicator Signals Possible Consolidation Phase Crypto ETF Report: iShares, Fidelity, WiseOrigin, Grayscale & ARK21Shares Face $41.20M Decline 5 Promising XRP Alternatives That Could Turn a Small Investment Into Big Profits Coinbase exec says Trump's Strategic Bitcoin Reserve could remove about $18 billion of sell-side pressure Somnia Partners with Dune to Redefine Blockchain Analytics Bitcoin Price Drops As President Trump Creates Strategic Crypto Reserve US customs may have thought Bitcoin miners were radio frequency devices: Luxor Sam Bankman-Fried’s crisis manager quits following FTX founder's unexpected prison interview with Tucker Carlson: report Trader Says XRP Rival Forming Pattern That Could Trigger 300% Price Explosion, Updates Outlook on Bitcoin Top 3 AI Coins For The Second Week Of March 2025 Pi Network surpasses 4 million followers on X, edging closer to Dogecoin Binance Stablecoin Reserve Hits ATH, Here’s Implication For Bitcoin This Bitcoin Price Range Could Be The Bulls’ Final Defense Line, Report Says What Will Happen at Solana (SOL)? Which Levels Are Critical? Analytics Company Publishes Report XRP Price to $5? Traders Deploy $150M Leverage after Ripple CEO’s White House Invite Confirmation White House Set To Clarify Strategic Crypto Reserve Plan: Here’s All Alabama woman loses $152K as crypto scams target Trump supporters Unto wants to 10x Solana’s performance — but no promises Solana Hits Risk Much Lower to 0.364, Price Movement Opposed to Bitcoin Company Managing Billion Dollars Reveals “Unique Event” That Could Save Ethereum Trump signs executive order to create a strategic Bitcoin reserve Cardano (ADA) Might Struggle to Retain $1 Amid US Reserve Debate Whale deposits to Binance reach a three-month high Coin98 Super Wallet Improves Blockchain Experience by Integrating MorphLayer XRP Price Ready To Bounce Back Above $3 If Bulls Can Hold This Level Coinbase Premium Index Hints at Bitcoin’s Next Big Move XRP's $2.50 Price Breakout Still Questionable, Dogecoin (DOGE) Hits Major Support Again, Ethereum (ETH) Not Okay $1 Billion: Saylor's Strategy (MSTR) at Massive Loss on Recent Buys Today Crypto Market Comeback: BTC Surges $91K, Top Gainers from MOVE, ENA, CRO, ONDO, & HNT US Congressman reintroduces bill to permanently shut down the Federal Reserve Ethereum’s Next Move: Will MVRV-Driven Momentum Lead to $3,000? Shiba Inu Price Eyes 480% Bullish Breakout If This Happens Ethereum Price Analysis: Petra Upgrade Sparks $500M Staking Withdrawals Ahead of Trump’s Meeting with Ripple, Cardano Founders Alibaba's Latest AI Model Beats OpenAI's o1-mini, On Par With DeepSeek R1 Top 5 Solana Meme Coins to Watch in March President Trump says “I’m not even looking at the stock market” Trump may sign Bitcoin reserve executive order at crypto summit: Report Ethereum (ETH)-Based Liquid Restaking Altcoin Leaps Upon Announcement of Coinbase Support Final Official Report on $1.5 Billion Bybit Hack Released – The Main Culprit Revealed Daily Market Review: BTC, ETH, CRO, SUI, NEAR Bitcoin Price Watch: $88K Support Under Fire Before White House Crypto Summit Economic crosscurrents are straining the growth outlook Sam Bankman-Fried can't stay away from the press Trump Impact on Crypto: The 3 American Coins to Watch for Explosive Growth Onyxcoin (XCN) Prepares for a Potential Rebound After 50% Correction Bitcoin Price Enters Risky Zone as Trump’s Crypto Czar blames Biden for missing 4,500% BTC profits Trump’s pro-crypto administration will be the death of Wall Street Vlad Martynov on Ethereum ecosystem and venture capital in crypto More tokens named in new crypto ETF proposals ‘All Outcomes Are on the Table’ – Crypto Trader Says Bitcoin Trend Unclear As Market Turns Highly Volatile 'Elevated Risk': XRP Open Interest Soars Jito (JTO) price jumps after talk of token buybacks Technical Indicators Suggest Bitcoin’s Next Stop: $99,400 Tokenized assets hit $50b, projected to reach $2T by 2030 Triumphant Victory: ICON Foundation Wins Landmark Legal Battle Over Exploited ICX Tokens World Liberty Financial co-founder offers to represent ETH community at White House Crypto Summit Altcoins Prepare for a Monumental Surge: Is a 500% Rally Possible? US crypto reserve could boost Bitcoin market cap by $460B — Research Sell All Your Dogecoin If This Happens, Says Crypto Analyst Prediction Market MYRIAD Launches USDC Markets Crypto voters could swing New Jersey gubernatorial race TRON Network Activity Spikes Boosting TRX Price Prediction to $1 Sam Bankman-Fried celebrates 33rd birthday in prison
