U.S. Bitcoin Strategic Reserve - catalyst or sell the news? 🇺🇸
The White House is set to host a Crypto Summit later today, following President Trump's signing of an executive order to establish a Strategic Bitcoin Reserve. This move has sparked speculation about its potential impact on the market. Without a commitment to purchasing Bitcoin, questions arise whether this will merely trigger a "sell the news" response or if it could serve as a catalyst for further developments. The summit may provide insights into the administration's approach to cryptocurrencies, amid ongoing interest in Bitcoin's role in the financial sector.
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