Over the past 24 hours, Bitcoin's price has remained relatively stable, hovering around $85,776. This stagnation follows President Trump's announcement of a "strategic bitcoin reserve," which repurposes seized assets rather than introducing new government purchases. Despite initial excitement, the market's tepid response reflects uncertainty about the reserve's impact on Bitcoin's valuation. As the crypto community anticipates further regulatory clarity from the upcoming White House crypto summit, Bitcoin's trajectory in the coming days remains uncertain.
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Bitcoin's Price Stagnates Amid Trump's Crypto Initiatives
Over the past 24 hours, Bitcoin's price has remained relatively stable, hovering around $85,776. This stagnation follows President Trump's announcement of a "strategic bitcoin reserve," which repurposes seized assets rather than introducing new government purchases. Despite initial excitement, the market's tepid response reflects uncertainty about the reserve's impact on Bitcoin's valuation. As the crypto community anticipates further regulatory clarity from the upcoming White House crypto summit, Bitcoin's trajectory in the coming days remains uncertain.
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