#BitcoinPolicyShift #BitcoinPolicyShift $BTC 🔥🔥🔥On March 7, 2025, U.S. President Donald Trump signed an executive order to establish the Strategic Bitcoin Reserve Fund, marking a significant turning point in the nation's digital asset policy.
Details about the Strategic Bitcoin Reserve Fund:
• Initial funding: The fund will be financed by Bitcoin seized in criminal and civil cases, ensuring no financial burden on taxpayers.
• Objective: To store Bitcoin as a long-term valuable asset, similar to the role of gold at Fort Knox, aimed at strengthening the United States' position in the digital asset space.
Market reaction:
Immediately following the announcement, the price of Bitcoin experienced significant volatility:
• Price drop: Bitcoin fell from $90,251 to $85,091 within an hour, before recovering to $87,202.
• Cause: This decline may be due to the “sell the news” sentiment, as investors took profits after the important announcement.
Response from the cryptocurrency community:
The move by President Trump has sparked mixed reactions within the community:
• Support: Many investors see this as a positive step, affirming the importance of Bitcoin in the national financial system.
• Opposition: Some experts express concern about the effectiveness and real benefits of the reserve fund for taxpayers, while questioning the fund's management and security capabilities.