The United States establishes a Bitcoin reserve but will not purchase additional Bitcoins
According to Jinshi data reports, Trump has established a Bitcoin reserve as scheduled, but the White House cryptocurrency chief revealed that "apart from assets obtained through asset seizure procedures, the government will not purchase additional assets for this reserve." This suppressed the price of Bitcoin. Previously, there were many expectations that the United States would buy additional Bitcoins to supplement reserves.
According to Bitget market data, BTC fell below 86,000 US dollars with a 24-hour drop of 4.67%, currently quoted at 85,925.97 US dollars. The market fluctuates greatly; please manage your risk accordingly.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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