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#TrumpAtDAS

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Bitcoin falls after hopes that purchases will boost #Trump's strategic crypto reserve are dashedOn March 6, 2025, President Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile. The Strategic Bitcoin Reserve is to be funded with bitcoins seized through criminal and civil asset forfeiture proceedings, ensuring no additional taxpayer funds are used. The government will maintain these bitcoins as reserve assets, refraining from selling them, akin to a “digital Fort Knox.” The U.S. Digital Asset Stockpile will hold other cryptocurrencies obtained through similar forfeiture processes. The executive order also mandates a comprehensive accounting of all government-held digital assets, estimated to include approximately 200,000 bitcoins. This initiative is part of a broader effort to position the United States as a leader in digital asset strategy, aligning with President Trump’s goal to make the U.S. the “crypto capital of the world.” Following the announcement, cryptocurrency markets experienced fluctuations. For instance, Bitcoin (BTC) is currently priced at $84,451.00, reflecting a decrease of approximately 1.28% from the previous close. This development underscores a significant shift in U.S. policy towards cryptocurrency, with potential implications for both the digital asset market and the broader financial landscape. ##TrumpAtDAS #VoteToListOnBinance #Write2Earn $BTC {spot}(BTCUSDT) $XRP {spot}(XRPUSDT)

Bitcoin falls after hopes that purchases will boost #Trump's strategic crypto reserve are dashed

On March 6, 2025, President Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile. The Strategic Bitcoin Reserve is to be funded with bitcoins seized through criminal and civil asset forfeiture proceedings, ensuring no additional taxpayer funds are used. The government will maintain these bitcoins as reserve assets, refraining from selling them, akin to a “digital Fort Knox.”
The U.S. Digital Asset Stockpile will hold other cryptocurrencies obtained through similar forfeiture processes. The executive order also mandates a comprehensive accounting of all government-held digital assets, estimated to include approximately 200,000 bitcoins.
This initiative is part of a broader effort to position the United States as a leader in digital asset strategy, aligning with President Trump’s goal to make the U.S. the “crypto capital of the world.”

Following the announcement, cryptocurrency markets experienced fluctuations. For instance, Bitcoin (BTC) is currently priced at $84,451.00, reflecting a decrease of approximately 1.28% from the previous close.

This development underscores a significant shift in U.S. policy towards cryptocurrency, with potential implications for both the digital asset market and the broader financial landscape.
##TrumpAtDAS #VoteToListOnBinance #Write2Earn
$BTC
$XRP
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