Several factors have contributed to Bitcoin’s recent price movements:
Strategic Reserve Announcement: President announced the creation of a Crypto Strategic Reserve, including Bitcoin, Ethereum, Solana, Cardano, and Ripple. This initiative aims to position the United States as a leader in the digital asset space.
Global Economic Conditions: Broader market selloffs, driven by concerns over tariffs and economic slowdown, have impacted digital assets, leading investors to move away from riskier investments.
