In a surprising turn of events, Bitcoin’s value plummeted after former President Trump re-evaluated the status of Bitcoin reserve, referring to it merely as a stockpile. The crypto industry is still reeling from this unexpected decision.
According to the reports, Trump had previously signed an order to create a Strategic Bitcoin Reserve. However, this recent development has taken the crypto world by surprise, causing a significant dip in Bitcoin’s market value.
It is evident that the Bitcoin market has not reacted positively to this change. The crypto giant is struggling to maintain its position following this announcement.
