Bitcoin Slides After Trump Signs Strategic Reserve Executive Order
Bitcoin and other top altcoins like ADA and Ripple’s XRP surged in price minutes after US President Trump issued a statement on a crypto strategic reserve. After languishing below $85k for days, Bitcoin climbed past $90k last Monday and briefly flirted with the $95k level. However, crypto’s hot streak was brief, making Trump’s latest statement a “sell on news” event. From $94,770 on March 3, Bitcoin dipped to as low as $82,681 on March 4. Leading altcoins also slumped with BTC, creating a ripple effect across the broader crypto industry. Today, Bitcoin is trading wildly between $84k and....
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