Trump Shocks with Bitcoin Reserve Order! Market Disappointed with 'Empty Hands'

On March 6, 2025, U.S. President Trump signed a historic executive order announcing the establishment of Bitcoin and digital asset reserves, seizing confiscated cryptocurrencies as a long-term value storage. However, the lack of immediate action in this policy left the market greatly disappointed.

The order states that the Treasury will manage these reserves, but the government will not actively acquire more Bitcoin. Even so, this measure did not provide any further purchasing plans or timelines, leaving investors feeling let down.

🔻 Market Reacted Strongly, Bitcoin Plummeted 5%

Bitcoin quickly dropped over 5% after the announcement, falling to $85,000, before slightly rebounding. The overall cryptocurrency market also declined, with major altcoins generally down 6%.

🔒 Strategic Reserves to Lock Bitcoin, Prohibit Sale

This order mandates that confiscated Bitcoin and other crypto assets be deposited into a reserve pool, ensuring no additional taxpayer burden is created and prohibiting the sale of these assets, akin to a 'digital Fort Knox'. Supporters believe this move can avoid the massive losses from past Bitcoin sales.

📊 Long-term Impact Uncertain, Regulatory Challenges Ahead

Although this executive order symbolizes a shift in U.S. digital asset policy, its effects remain unclear. Analysts point out that a lack of actively managed reserves may expose the government to market volatility risks, and Congressional and regulatory hurdles may also affect the implementation of the plan.

Nonetheless, this policy still marks a significant step for the U.S. towards becoming the 'Global Crypto Capital', and whether it can truly unleash its potential in the future remains full of suspense!