Bitcoin exchange rate corrected after Donald Trump approved the creation of a working group to study the possibility of forming a “national reserve of digital assets”. The move was an important development for the crypto industry, although it did not meet the expectations of investors who were hoping for an immediate announcement of a strategic reserve in BTC.
After the decree was signed, the value of bitcoin fell from $106,850 to $102,220. The reason is that the decree only involves the evaluation of creating a reserve from confiscated cryptocurrencies, not the direct purchase of BTC. Nevertheless, it is a significant step forward for the entire industry.
