BTC Price Set to Explode? Trump’s US Bitcoin Reserve Could Trigger Next Leg Up

Description

Bitcoin has struggled to regain its footing after slipping below the $89,000 mark. The digital asset saw an initial surge following former President Donald Trump’s announcement of a Strategic Bitcoin Reserve, only to retreat as investors processed the implications. The market initially responded with enthusiasm, but concerns quickly emerged regarding the absence of immediate government purchases. Bitcoin dropped 3% to $87,590 before bottoming out at $84,690, highlighting a shift in sentiment. $B...