“Panic sales” Bitcoin price could crash

03/10 Update below. This post was originally published 09. Marta

Prices Bitcoin and Crypto-including Etherum, Ripple’s XRP, Solan Sol and Cardano’s Ada – have a flat last week last week Donald Trump discovered cryptocurrency to bet us, honest market Maihem.

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Bitcoin price fell to about $ 85,000 per bitcoin, exactly where it was at the beginning of March (Despite China softly distorts the price of Bitcoin for the main earthquake).

Now, While Elon’s Musca is rented by surprise CRIPTO Warning Price CriptoCrypto Czar Donald Trumpov said that the American cash register will work on “maximizing the value” of Bitcoin and other criminal products that have now held in her reserves and crypto stocks.

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“We will move (cryptocurrency owned by the American government) to digital stock,” David bag, technological investor and entrepreneur who joined Trump administration as artificial intelligence and Craft Czar, said At all in the podcast, the cohal is before attending a job.

“The purpose of stock is the responsible administration, it is a place to keep, it is a centralized account under the direction of the Treasury Secretary and the Secretary of Treasury will understand how to maximize the value of these farms.”

03/10 Updating: The price of Bitcoin dropped at $ 80,000 at night before it jumps out, but fresh fears appeared that Bitcoin could be in order to be about $ 70,000 in which things would “be violent” toward It Bitmek Founder and Cripto Investor Arthur Haies.

“With Bitcoin, which is immersion below $ 80,000, approximately 70% of the last three months, emphasizing the dominance of recent participants in the” Markus Thielen, Markus Market CEO 10k Research, said in e-mail.

The rest of the Cripto Top Ten followed Bitcoin lower, and Etherum hit the first time in 20023. years. Etherum Rival Solana and Dogenov based on meme and distances found in the market below, each about 6%.

“In the short term, expect Bitcoin to fall as much as $ 72,000 and Etherum hit $ 1,600 while managing inflation,” Zach Burks, Chief Executive Service Provider in E-Measure, “said in e-mail comments.

“Many investors are drawn from Bitcoin, looking at him as a risky class as Trump, the price of the values ​​they wrote as they return to the original” Doomsdane funds, which is not as the tariffs and grenades continue to be thrown on the free world. “

This week, After the announcement of Trumps of Surprises that Ripple’s XRP, Solana and Cardano will form the basis of American CRIPTO ReserveThe white house transferred its plans to create a strategic reservation only for Bitcoin with the supplies crypted by smaller cryptocurries, including Etherum, Ripple’s XRP, Cardano and Solana.

“Crypto Stockpile should be subject to good portfolio management and happiness we have a secrecy of the cash register that is an extremely successful former hedge
the Fund Manager to figure out the best way to manage these funds and
We give him flexibility for portfolio management, “bags said.

Speaking at the top summit of White House Cripto Summit, with the bags and Secretary of the SCOTT Bessent, Trump has confirmed its commitment to BitCoin-placement in the reservation described as “Digital Fort Knok” in references to the American Golden Reserve.

“I promised to do America’s superpower Bitcoin and crypto capital of the planet,” Trump said, that was export by New York Times. “We take historical actions to provide that promise.”

In July, then the republic candidate Donald Trump promised to create a “strategic National Reserve Bitcoin” and would predict Bitcoin could Eclipse Gold’s Close-20 Trillion Trialion Impalization in the amount of 20 trillions during the phenomenon at the Bitcoin 2024 conference.

During the white house summit on Friday, Trump also called the “foolish” government that he had sold so much seized Bitcoin, while the bags, he claimed that she could lose as much as $ 16 billion by selling her Bitcoin now.

“At one point we had about 400,000 bitcoin on the federal balance sheet. We sold about half of it for something like a total of $ 360 million,” Saaks said during the podcast. “If we kept all that, just to make the part we sold worth more than $ 17 billion.”

Via Summit, Trump signed the Bitcoin and Crupto Stocks, disappointing traders, but leave the door that “budget neutral costs” do not intend to make “budget neutral costs” intended to make supplements “Budget” procedures “do not impose an additional offer in the United States.”

The bags are added during the press conference that the Ministry of Finance and Trade, headed by Bitcoin Price Bull Howard Lunnick, only “allowed to buy more if not added deficit or debt.”

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“Bitcoin underground reserve was launched uncertainty at the crypto market,” said Agne Linge, the boss of growth at the CRIPTO Platform Vefija, he said in e-mail comments.

“With the executive order for the Consolidation Agency to form a reserve, the cratted investors will be published by the Bitcoin Bitcoin Mandance. Available options in this regard include BitCoin Bonds and Sales Golden Reserves for Funding More Purchases. In the long run, Bitcoin Burpose shift can benefit from coins. This thesis depends on the possible race it activated that I can see other sovereign nations that make similar moves. “

Some guessed it China tends to create one’s own reserves Bitcoin to supine After the sovereign wealth in Abu Dhabi Last month, he bet on Bitcoin, which began race global adoption. “

“Reserve US Bitcoin sets probability that other nations adopted similar reserves and accelerates their consideration of such initiatives,” Analysts with Tagusian capital in e-mail in Email.

“With American scheduling to adopt Bitcoin, it will probably start a broader global adoption, and more nations integrate Bitcoin in their reserves – a potentially switching from gold to digital property, such as some economies accepted the US dollar.”