Bitcoin prices interact when the encryption market interacts with Trump’s strategic reserve

Bitcoin extended the losses on Thursday, as it decreased by 5.7 % in less than an hour, as investors’ reaction to President Donald Trump’s executive, which sets a strategic bitcoin reserves.

The decrease came after the height of the bitcoin above 92000 dollars Earlier in the week about the speculation surrounding the initiative.

But the gathering faded as traders get profits and re -evaluate the impact of the market on the policy of the new digital assets of the government. Bitcoin has since turned away to $ 8,200, as Coingcko data appears.

Ethereum lost 6.1 % to 2100 dollars, while Solana and Dogecoin decreased by 6.8 % and 5.8 %, respectively. Binance’s BNB decreased by 3.6 % to $ 576, while Cardano decreased by 13.8 % to $ 0.81, which led to losses between the main symbols.

the Executive orderIt was signed on Thursday, allowing the creation of the Bitcoin Reserve using the assets seized in criminal and civil confiscation cases.

The White House AI and Crypto CZAR DAVID SACKS said that the reserve will be a “digital fort” and will not require additional taxpayers.

The government appreciates what is estimated 20000 He said that BTC, at a value of about $ 17.7 billion, which will constitute the essence of inventory.

This step adds another layer of uncertainty to a volatile market.

While some investors see it as a long -term bullish sign, others remain cautious about how the government plans to manage its property.

The broader encryption market faced pressure amid a decline in the origins of risk, even when the future contracts of global shares indicated cautious optimism.

Futures for stocks increased in the United States, as the average future contract for Dow Jones industrial increased by 0.1 %, and S&P 500, as future futures increased by 0.22 %, and Nasdaq-100 climbing is 0.3 %.

President Trump also follows Temporary exemption For some car manufacturers from definitions, mitigating commercial tensions.

Investors are also looking forward to the upcoming European Central Bank meeting, where prices are widely expected to be widely expected amid the high revenues of the eurozone and the changes in fiscal policy in Germany.

Bitcoin still rises by almost 30 % on an annual basis, backed by flows in Bitcoin exchange boxes listed in the United States.

However, market participants appear to be awaiting more organizational developments and details on how the government intends to deal with its bitcoin reserves.