Bitcoin is drowned after Trump’s Executive Market is disappointed

US President Donald Trump signed an executive order to establish a Bitcoin strategic reserves And a stock of other digital assets, according to a project on X by the White House Caesar Caesar David Sentess.

Bitcoin and other distinctive symbols fell because the bags said that taxpayer money will not spend on obtaining encrypted currencies for either of them.

Sachs said in this position that the reserve will be tolerated with Bitcoin already owned by the federal government that has been confiscated as part of criminal or civil procedures and the United States will not sell any of the encoded currency. SACKS wrote that the trustees allow the treasury and trade trustees to develop “budget neutral strategies” to obtain an additional bitcoin, provided that there is no gradual cost of American taxpayers.

now!
President Trump signs an executive matter that defines the strategic bitcoin reserves and US digital assets 🇺🇸 pic.twitter.com/n9p2sqknvs

– Margo Martin (@Margomartin47) March 7, 2025

The bags added that the same executive creates another stock consisting of other digital origins other than bitcoin.

“The government will not get additional assets for the stock behind those obtained through confiscation procedures,” Sachs said in office. Bitcoin sank about 4 % for trading about $ 86,000 at 8:10 pm New York time Thursday. Four other symbols Trump said he wanted to include him in the American protected – XRP, Ether Sol and Ada – at least 3.5 % fell