Bitcoin falls as Trump’s executive order disappoints crypto enthusiasts
Bitcoin fell after US President Donald’s executive order disappointed markets. The decline in cryptocurrencies mirrors the downtrend in the US stock markets amid fears of a widening global trade war.
ADVERTISEMENTUS President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve on Thursday, according to the White House Crypto and AI czar David Sacks, in a post on X.
The move marks a major policy fulfillment by the US president, aligning with his campaign pledge to “make America the crypto capital of the world.”
Markets disappointed by Trump’s order
Despite initial anticipation, the announcement failed to provide Bitcoin with a significant boost. Bitcoin’s price fell from above $90,000…
