Bitcoin faces limited upside as Trump’s reserve plan excludes direct purchases
March 07, 2025, 1:50 PM
Bitcoin (BTC) analysts warn that U.S. President Donald Trump’s Strategic Bitcoin Reserve plan offers limited upside for BTC, as it focuses on holding seized assets rather than direct government purchases, according to Cointelegraph. Following the announcement, Bitcoin dropped over 6%, with analysts expecting range bound trading unless BTC can reclaim the $93,000 level. Despite initial disappointment, some see the plan as a first step toward integrating Bitcoin into the global financial system.
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