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Cryptocurrencies fell on Thursday evening after President Donald Trump signed an executive order Creating a Bitcoin strategic reserve for the United States and separately “digital assets”.
Price Bitcoin According to the metrics coin, it was recently lower by 3% at USD 87,586.86. Shortly after the message is given to USD 84 688.13.
Earlier losses in other coins – in particular those that accumulated at the beginning of the week after Trump said that they would be included in the strategy – also softened. Ether fell by 2%, trading USD 2184.08. XRP and Solana SALT The token withdrew 1% and 3%, respectively. Cardano Ada The token fell by 13%.
Bitcoin (BTC)
Crypto White House and AI Car David Sacks described in detail in Post on X In the Bitcoin reserve, Bitcoin will include, which is owned by the US government, which he took over from previous actions of law enforcement agencies – a movement that emphasized that “will not cost taxpayers for a penny.” According to Arkham, the USA has an owner of over 198,000 bitcoins worth about $ 17 billion.
Stocks of other coins will include “digital assets other than bitcoins lost in criminal or civil proceedings.” Sacks said that the government did not acquire additional assets for him “except that obtained as part of the procedure in the forfeiture.” Arkham data shows that the US government has about 56 ether tokens worth almost $ 119 million. It does not mention XRP, Solana or Cardano tokens.
Investors initially dropped coins on the concept that the US does not have immediate planned purchases of Bitcoins, on order, against the background of the main weakness of the campaign.
“This is good news, but not what the market wanted in a short period,” said Steven Lubka, head of private clients and family offices at Swan Bitcoin. “People hoped for short -term purchase of purchase.”
The bags pointed out that the secretaries of the treasury and trade are authorized to develop “neutral strategies under the budget for the acquisition of additional bitcoins, provided that these strategies do not have additional costs for American taxpayers”, “and that there is no plan to collect additional assets for cryptographic campaigns except what has already been obtained by the government.
The advertisement took place a few days after Trump was teasing with new details about the very expected Bitcoin reserve, which became one of its greatest promises for the cryptocurrency industry on his campaign trail and in the eve of the first peak of the Cryptographic White House.
The cryptographic market was shocked this week by fears about war and tariff inflation, which largely overshadowed the speculative emotions around the Bitcoin reserve. Jpmorgan said that on Wednesday does not expect a lot higher In the cryptography in the near future, taking into account the wider economic uncertainty and weakening the demand.
Bitcoin briefly returned to the key level of USD 90,000 at the beginning of this week and now floats just below it. Investors and analysts warned that until Bitcoin is able to significantly stay on it, it is threatened with greater withdrawal in the direction of $ 70,000.
