The Block 2 days ago

Bitcoin slides below $88,000; analysts say Trump’s Bitcoin reserve less bullish than anticipated 📉

Trump Bitcoin

Bitcoin experienced a sharp decline as prices fell below $88,000, coinciding with an executive order signed by former President Trump. The order focused on establishing a Strategic Bitcoin Reserve using forfeited assets.

Analysts suggest that the reserve's impact on the market is less bullish than initially anticipated, contributing to the cryptocurrency's price slide.

Source: www.theblockcrypto.com ↗

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