On March 7, 2023, President Donald Trump signed an executive order to incorporate Bitcoin into the U.S. financial strategy, causing an immediate uproar in the cryptocurrency community. This was seen as a key step towards institutional recognition, and Bitcoin's status as 'digital gold' seemed to be a natural progression. However, the market reaction was a cold shower - the price briefly fell below $85,000, with investors clearly expressing concerns over potential regulation. Jokes on X continued: 'As soon as Trump signed, Bitcoin dove off a cliff!'