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The flagship of the crypto recorded a significant decline after the official signature of the US Presidential Decree on the establishment of a bitcoin strategic reserve. If investors hoped for massive purchases from the government, reality proved to be less ambitious, causing market correction.
Bitcoin’s Fall after the Presidential Decree Announcement
On the night of yesterday, March 6, 2025, Donald Trump officially signed a decree based on the Bitcoin strategic reserve in the United States and transformed the first crypto into nation actors.
This initiative, inspired by the Fort Knox for gold, represents a historical turnover point in institutional acceptance of digital assets. However, the details of David Sacks, a crypto advisor to the White House, quickly shower the enthusiasm of the markets.
The disappointment comes mainly from the fact that this reserve will only be powered by 198.109 bitcoins that have already been confiscated during legal management, which is approximately $ 17 billion.
Unlike expectations, the US government will not buy other bitcoins on the market, the bags that set it up ” The government will not receive additional assets for shares beyond those that have been obtained through seizure of procedures ».
In response to this report, Bitcoin dropped by about 6%, from $ 90,400 to $ 84,979 before stabilizing a slightly $ 860. The other main cryptos also suffered, with 4% drops for Ether, 7% for XRP, 5.14% for Solan and 9.19% for Cardano within an hour of announcement.
A contrast reaction in spite of the initial disappointment
Despite this market repair, many experts in this industry see this initiative an extremely positive long -term signal. ” Who sells the Devil’s report on bitcoin strategic reserve in the United States? Avichal, CEO of Electric Capital, asked, surprised by the negative reaction of the market.
Others, such as the Dennis Porter du Satoshi Action Fund, emphasized that a strategic reserve could integrate “other acquisitions of bitcoins”, suggesting that this first step may be followed by more ambitious measures. Some analysts believe that this formalization of bitcoins as a strategic active in the world’s first power could encourage other countries to follow the movement.
The Decree also sets out the creation of digital assets for other cryptos, which means a radical change in American politics. Previously, these assets were systematically sold in the auction, while now they will be kept as a reserve of values such as national gold reserves.
However, this initiative, albeit in the case of short -term expectations, means a decisive fault in the history of bitcoins. The United States by officially recognizing the strategic value of Queen of the Kryptos, sets the foundations of a new era of institutional adoption, which could eventually drive bitcoins to new heights.
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Passionate Bitcoin, I like to explore meanders blockchain and cryptos and share my discoveries with the community. My dream is to live in a world where privacy and financial freedom is guaranteed for everyone, and I firmly believe that Bitcoin is a tool that can make it possible.
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The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.