$BTC O Bitcoin (BTC) is currently quoted at $88,568.00, showing a decline of 2.60% compared to the previous closing. During the day, it reached a high of $91,680.00 and a low of $84,971.00.

Today, March 7, 2025, the President of the United States, Donald Trump, signed an executive order to establish a strategic reserve of Bitcoin. This reserve will be funded with bitcoins confiscated in criminal or civil proceedings, and the government estimates it holds about 200,000 bitcoins. The initiative aims to position the U.S. as a leader in the cryptocurrency sector, although some industry experts expected more aggressive measures, such as direct government purchases of bitcoin.

In addition, El Salvador recently announced the purchase of more bitcoins, raising its strategic reserve to over 6,102 coins. This action comes after the International Monetary Fund (IMF) approved a 40-month program worth $1.4 billion for the country, which included reevaluating the status of bitcoin as legal tender.

These developments reflect the growing adoption and institutionalization of Bitcoin in different nations, influencing its volatility and perception in the global financial market.