$BTC As of March 9, 2025, Bitcoin continues to play a pivotal role in the global financial landscape, with several noteworthy developments shaping its trajectory.

U.S. Establishes Strategic Bitcoin Reserve

President Donald Trump has signed an executive order to create a "Strategic Bitcoin Reserve" and a "Digital Asset Stockpile." This initiative aims to prevent losses from premature sales of seized cryptocurrencies by storing them in a "digital Fort Knox." The reserve includes assets seized in criminal or civil cases, currently estimated at approximately 200,000 bitcoins. The order also mandates the Treasury Secretary to explore methods of acquiring more bitcoin without imposing additional costs on taxpayers.