Bitcoin and Ethereum prices have dipped, with Bitcoin down 4.8% and Ethereum down 8%. Dogecoin has also experienced losses, down about 13%. These losses come despite former President Trump signing an Executive Order to establish the Strategic Bitcoin Reserve. However, investors are concerned that no actual budget has been allocated for Bitcoin purchases in the near term. The order establishes a separate Bitcoin Strategic Reserve, expected to be funded with seized Bitcoin, but the exact allocation is uncertain. The order also mandates a Treasury review and exploration of methods to acquire more Bitcoin without impacting the budget. Industry analysts see this as a significant milestone for Bitcoin's institutional acceptance, but the question remains whether Congress will take action to formalize a long-term BTC acquisition strategy. Traders are seeking more regulatory clarity and also considering the broader impact of Trump's trade tariffs.



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