$BTC President Trump has signed an executive order establishing a strategic bitcoin reserve, funded by bitcoins seized in criminal or civil proceedings. This move aims to leverage bitcoin’s fixed supply, highlighting its strategic advantage. The order also mandates budget-neutral strategies for acquiring additional bitcoin without burdening taxpayers. While this initiative marks a significant step toward institutional legitimacy for bitcoin, it doesn’t fully meet the crypto industry’s hopes for large-scale government purchases. Following the announcement, cryptocurrency markets experienced a slight selloff, with bitcoin’s price dropping by up to 6.6% before a modest recovery.