$BTC As of March 7, 2025, #Bitcoin (BTC) is trading at approximately $88,839, reflecting a slight decrease of 0.02% from the previous close.
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This minor decline follows a series of significant market movements influenced by recent political developments. On March 7, President Donald Trump signed an executive order to establish a strategic Bitcoin reserve, funded by forfeited assets rather than new government funds. This announcement initially led to a slight Bitcoin selloff, with prices tumbling to $85,000 before recovering to around $88,000. citeturn0news28
Overall, Bitcoin's price movements today have been relatively stable, with minor fluctuations influenced by recent policy announcements. The market sentiment appears cautiously optimistic, awaiting further developments and regulatory clarity to determine Bitcoin's future trajectory.