#BitcoinPolicyShift
Meta AI: Trump has just signed an executive order establishing the strategic reserve of #bitcoin, but instead of prices skyrocketing, we are seeing a sell-off. This is a classic case of "buy the rumor, sell the news" - investors bought in anticipation of the announcement, but now that it has happened, they are selling ¹.
Here is the question: the executive order does not mention any additional purchase of bitcoin. The Strategic Reserve of Bitcoin will consist of the approximately 200,000 BTC already held by the US government, which were obtained through confiscation processes.
