$BTC As of March 7, 2025, Bitcoin's price has dropped significantly. Last night, it fell to around $85,000 before stabilizing at approximately $88,000, marking a decline of over 3% in the past 24 hours.

The primary reason for this drop is believed to be U.S. President Donald Trump’s new executive order establishing a strategic Bitcoin reserve. The market had expected the government to purchase new Bitcoin, but the reserve will be formed using already seized Bitcoin, leading to disappointment among investors.