Why Bitcoin is Falling Despite Trump’s ‘Strategic Reserve’ Push
Initially, Bitcoin did witness a rally, touching the $94k price mark again after trading below the psychological $80k level. Other crypto coins, also followed the trail, with XRP and ADA surging over 24% and 58%, respectively. Investors expected Trump’s recent call for the creation of reserves to be the first step in bringing VDAs (Virtual Digital Assets) under the ambit of regulatory play.