Why Is Bitcoin Price Dropping Despite US Strategic Reserve?
President Donald Trump signing the executive order for US strategic reserve for Bitcoin has turned out to be a ‘sell the news’ event. Bitcoin price crashed down all the way from $92,000 to hitting a low under $85,000, dropping more than 7% in the last 24 hours. Altcoins have also come crashing down 5-7% as the broader crypto community doesn’t seem to be much happy regarding the reserve news.
