US President Donald Trump has signed an order to establish a Strategic Bitcoin Reserve (SBR), which will be formed from confiscated assets. The US government currently holds around 207,000 BTC, making it the largest state-owned Bitcoin reserve.
Experts view this initiative positively: the creation of the reserve reduces the risk of a Bitcoin ban in the US and could encourage other countries to take similar steps. However, the market reacted with a downturn—investors expected the government to start actively purchasing BTC, but for now, only confiscated assets are involved. Bitcoin’s price dropped by 2.7%, with other cryptocurrencies also declining.
While the long-term impact of this initiative may be positive, traders have taken a wait-and-see approach in the short term.
