#BitcoinBounceBack

trading at approximately $83,957.

Recent Developments in 2025

Strategic Bitcoin Reserve: President Donald Trump, previously skeptical of cryptocurrencies, signed an executive order establishing a strategic Bitcoin reserve. This initiative utilizes Bitcoin forfeited in legal proceedings to bolster national digital assets, reflecting Bitcoin's growing importance in financial strategies.

Institutional Adoption: Fidelity Investments, under the leadership of Cynthia Lo Bessette, manages the Fidelity Wise Origin Bitcoin fund, valued at $17.8 billion as of March 6, 2025. This underscores the increasing institutional interest and integration of Bitcoin into traditional financial systems.

Bitcoin Futures in Singapore: The Singapore Exchange (SGX) plans to list open-ended Bitcoin futures in the