Bitcoin fell after US President Donald’s executive order disappointed markets. The decline in cryptocurrencies mirrors the downtrend in the US stock markets amid fears of a widening global trade war.
US President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve on Thursday, according to the White House Crypto and AI czar David Sacks, in a post on X.
The move marks a major policy fulfillment by the US president, aligning with his campaign pledge to “make America the crypto capital of the world.”
