RoYoK
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Bullish
👱🏻♂️🇺🇲 Trump signs executive order on cryptocurrencies: evaluates creating a "national reserve of digital assets" 🌟
🌐 The price of bitcoin briefly surged, but the order seemed to fall short of the expectations of digital currency advocates.
Bitcoin rose briefly after the news, but fell back to daily lows as traders assessed the measure.
The idea of a strategic reserve of digital tokens like bitcoin has been present in cryptocurrency circles for a long time, but gained traction this summer when both Trump and Robert F. Kennedy Jr., currently nominated by Trump for Secretary of Health and Human Services, discussed it at the annual bitcoin conference.
Trump reaffirmed his intention to create a reserve in an interview with CNBC in December, stating that the United States had an obligation to be a leader in cryptocurrency technology, especially in relation to China.
#BTCStateReserves $BTC
🌐 The price of bitcoin briefly surged, but the order seemed to fall short of the expectations of digital currency advocates.
Bitcoin rose briefly after the news, but fell back to daily lows as traders assessed the measure.
The idea of a strategic reserve of digital tokens like bitcoin has been present in cryptocurrency circles for a long time, but gained traction this summer when both Trump and Robert F. Kennedy Jr., currently nominated by Trump for Secretary of Health and Human Services, discussed it at the annual bitcoin conference.
Trump reaffirmed his intention to create a reserve in an interview with CNBC in December, stating that the United States had an obligation to be a leader in cryptocurrency technology, especially in relation to China.
#BTCStateReserves $BTC
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