Trump's strategic Bitcoin reserve criticised

The value of the government's $BTC

Bitcoin holdings fell by 13% as President Trump ordered the creation of a strategic Bitcoin reserve last month. Trump threatened another 50% with Chinese tariffs on Monday after adding 10% tariffs on all US imports on Saturday and announced higher tariffs in some countries scheduled to come into effect on Wednesday. The federal division was directed on Monday to provide a report on the number of Bitcoin and other digital assets from Trump's finance minister Scott Bescent. However, the language did not require the language the report was published, highlighted a White House spokesman. Unchained could not confirm whether the Treasury had received such a report.