BREAKING
342d 16h ago

Trump’s Negotiation Strategy: Leveraging Bitcoin in His Proposed Cryptocurrency Reserve

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

On March 4th, COINOTAG News reported insights from Coindesk regarding U.S. President Trump’s negotiation tactics, likening them to **real estate strategies**. Trump, known for his background in real estate, has proposed a **strategic cryptocurrency reserve** that notably includes **Bitcoin** and may feature other prominent altcoins. This approach mirrors the common practice of beginning negotiations with an inflated price to enhance one’s bargaining position, ultimately settling for a figure aligned with the original objective.

Market analysts suggest that Trump’s reference to additional coins might serve as a tactic to strengthen his position in discussions with Congress, aiming for acceptance of a significant reserve that concentrates on Bitcoin and possibly Ethereum. Eilan Sollet, a Senior Global Market Strategist at Marex Solutions, emphasized that this tactic reflects Trump’s consistent negotiation methodology. By mentioning assets like **XRP**, **SOL**, and **ADA**, he may be maneuvering to ensure the establishment of a **substantial Bitcoin reserve** as part of his newer economic framework.

Share News:
Don't Miss Breaking News