Bitcoin has fallen over 5% in the last 24 hours, slipping to $81,513 on Monday after hopes for a bullish White House crypto summit were met with disappointment.
🔹 What Happened?
📉 Bitcoin Strategic Reserve: Trump’s executive order establishes a U.S. Bitcoin reserve, but instead of government purchases, it will use seized BTC from criminal and civil forfeitures.
🌍 Global Trade Tensions: Growing economic disputes among major economies add further pressure to crypto markets.
🔹 Long-Term Outlook – Reasons to Be Optimistic
🏦 Institutional Interest? Deutsche Bank suggests that a government-backed BTC reserve could increase market liquidity and institutional adoption.
💡 Regulatory Clarity? Industry leaders at the summit believe discussions could lead to better regulations, unlocking crypto’s potential in the U.S.
Bitcoin hit $109K in January, but has since dropped 25%. Is this just a short-term setback or a buying opportunity? 🤔
Drop your thoughts below! 👇
#WhaleAccumulation #Summit2025 #TrumpCrypto
