$BTC As of March 11, 2025, Bitcoin (BTC) is trading around $79,500, experiencing a 4.2% decline on Monday, contributing to a 12% drop over the past week. citeturn0news11 This downturn follows President Trump's announcement of a strategic Bitcoin reserve, comprising assets seized through legal actions, with no new government purchases planned. citeturn0news12 The market reacted negatively, leading to declines in Bitcoin's value and impacting crypto-related stocks. Strategy Inc., formerly MicroStrategy, which invested $21.2 billion in Bitcoin, saw its holdings decrease to approximately $17.3 billion, causing a significant drop in its stock price. citeturn0news9 Despite short-term volatility, some experts anticipate that the strategic reserve could attract institutional investors and enhance market stability in the long run. citeturn0news10
navlistBitcoin's Recent Decline and Market Reactionsturn0news11,turn0news12,turn0news13
