$USDC As of March 8, 2025, Bitcoin (BTC) is trading at approximately $88,000, reflecting a 2.7% decline from the previous day.

This price movement follows President Donald Trump's executive order establishing a U.S. Strategic Bitcoin Reserve, which will include assets forfeited to U.S. law enforcement. The announcement disappointed traders who had anticipated large-scale government purchases of digital assets, leading to a broader decline in cryptocurrency prices.

Bitcoin continues to experience price volatility influenced by policy developments and market expectations.