CNBC: Crypto market volatility increases after Trump signs executive order on strategic Bitcoin reserves


According to CNBC, Bitcoin fell on Monday, with market sentiment affected by President Trump's signing of an executive order to create a US strategic Bitcoin reserve. The reserve will be funded by Bitcoin seized in criminal and civil forfeiture cases, and the US government currently has no plans to purchase more Bitcoin. Following the announcement of the strategic reserve last week, cryptocurrency prices fell, with investors disappointed by the lack of more aggressive measures in the plan.