- U.S. President Donald Trump has signed an executive order to establish a strategic bitcoin reserve, which will include BTC seized by the U.S. government through law enforcement actions.
- The U.S. government currently holds 198,000 bitcoins worth about $17.3 billion, and this move essentially removes over $17 billion in selling pressure from the market.
- Opinions about the reserve are mixed with some calling it a symbolic move while others hailing it as unambiguously positive.
Financial Market Newsflash
Tuesday, April 22, 2025
No financial news published today. Check back later.
