Bitcoin falls: buying opportunity or warning sign for the investor? Close to the 70 thousand mark, we are seeing a decline in Bitcoin. How are investors reacting? The largest cryptocurrency by market capitalization may recover and reach its peak again, or will it continue to fall? Doubts this March ⛏️⛏️📉 $BTC
#USCryptoReserve New York $BTC President Donald Trump established a Strategic Bitcoin Reserve through an executive order, according to an X post by David Sacks, the White House czar for AI and cryptocurrency.
Trump had posted on social media on Sunday that he would direct the government to stockpile bitcoin, ethereum and three other tokens, which prompted backlash from the crypto industry.
Sacks said the reserve would be “capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings.” He said this would ensure the reserve could not carry a cost for taxpayers.