CNBC: Crypto market volatility increases after Trump signs executive order on strategic Bitcoin reserves
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Odaily reported on Monday that Bitcoin fell, with market sentiment affected after President Trump signed an executive order to create a US strategic Bitcoin reserve. The reserve will be funded by Bitcoin seized in criminal and civil forfeiture cases, and the US government currently has no plans to purchase more Bitcoin. After the strategic reserve was announced last week, cryptocurrency prices fell, with investors disappointed by the lack of more aggressive measures in the plan. (CNBC)
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