$BTC

On March 7, 2025, Trump officially signed an executive order to establish a Bitcoin strategic reserve.

Market Reaction: After the news was announced, Bitcoin prices experienced significant fluctuations, dropping more than 5% intraday and briefly falling below $85,000. The market had previously surged (with a total market capitalization increase of $300 billion) due to expectations from Trump's announcement of a 'multicurrency reserve' on March 2, but this policy did not involve actively increasing holdings, leading to a sell-off as the 'good news was fully priced in.'

Controversy: Supporters believe this move promotes the institutionalization of cryptocurrencies and enhances the U.S. leadership in the digital finance sector; opponents question its symbolic significance over substance, and the large-scale confiscation of assets could exacerbate regulatory conflicts. In the long run, if the policy continues, it may accelerate Bitcoin's process of becoming 'digital gold,' but in the short term, it is still suppressed by geopolitical and economic stagflation risks.