What happens if it follows the US playbook?

What happens if it follows the US playbook?

As the United States moves forward with its Strategic Bitcoin Reserve, speculation is growing over whether China will respond with its own national crypto strategy. On March 7, US President Donald Trump signed an executive order establishing a “Strategic Bitcoin Reserve” and a “Digital Asset Stockpile.” The reserves will initially be funded using Bitcoin (BTC)…

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Bitcoin forgets Strategic Reserve ‘sell the news event’ with 4% bounce

Bitcoin forgets Strategic Reserve ‘sell the news event’ with 4% bounce

Bitcoin (BTC) rebounded 4% on Mar, 7 as markets shook off disappointment over the US Strategic Bitcoin Reserve. BTC/USD 1-day chart. Source: Cointelegraph/TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC/USD recovering from local lows of $84,713 on Bitstamp. These came as US President Donald Trump signed a long-awaited executive order establishing the Reserve, which will…

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