#TrumpCryptoOrder

U.S. President Donald Trump has issued an executive order aimed at fostering a supportive environment for the cryptocurrency industry in the United States, according to CoinDesk. The order, released Thursday, aims to establish policies that will provide a solid foundation for digital assets in the country. The order also explores the possibility of creating a ‘digital asset reserve.’

The executive order marks a significant shift in federal policy toward cryptocurrencies, potentially allowing the sector to move forward under a more favorable framework set by the White House. While such orders are typically the starting point rather than the conclusion of policy development, the move by the pro-crypto president is seen as an important first step. Following the announcement, Bitcoin experienced a brief rally, rising above $106,000 from around $103,000, before stabilizing back at $103,500, reflecting a 0.51% decline over the past 24 hours.$BTC