Bitcoin Rallies 4% as Markets Shrug Off Strategic Reserve News

Bitcoin Rallies 4% as Markets Shrug Off Strategic Reserve News

Bitcoin (BTC) rebounded 4% on March 7, recovering from local lows of $84,713 as traders moved past initial disappointment over the U.S. Strategic Bitcoin Reserve, according to data from Cointelegraph Markets Pro and TradingView. The BTC/USD dip followed an executive order from President Donald Trump, officially establishing the Bitcoin Reserve. However, the reserve will consist solely of confiscated BTC, with no new acquisitions planned. ...

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