The announcement of President Trump signing an executive order for a US strategic reserve of Bitcoin led to a sell-off in the cryptocurrency market. Bitcoin's price dropped over 7%, falling from $92,000 to below $85,000 in the past 24 hours. Altcoins also experienced a 5-7% decline as the crypto community expressed unhappiness with the news of the reserve.
Content Editor ( coingape.com )
- 2025-03-07
Why Is Bitcoin Price Dropping Despite US Strategic Reserve?
