BREAKING
281d 0h ago

U.S. Treasury to Unveil Strategic Bitcoin Reserve Report Amid Trump’s Executive Order

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

The recent announcement from the U.S. Treasury Department has generated substantial interest within the cryptocurrency market. A new report, influenced by a prior executive order, aims to explore the viability of utilizing seized bitcoins to create a dedicated strategic Bitcoin reserve. This initiative marks a significant shift in how government entities may engage with digital assets. The anticipated report is expected to outline the potential benefits and implications of converting repossessed cryptocurrencies into a robust financial tool. Stakeholders, including investors and policymakers, will closely monitor the findings, as they could set a precedent for regulatory approaches toward digital currencies in the future. Investors are advised to stay informed on developments and consider the evolving landscape of crypto regulation.

Share News:
Don't Miss Breaking News