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Cryptocurrency

Bitcoin falls below $83,000 as US bitcoin reserve news disappoints

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A week ago, on Sunday, the US President Trofing made a waste of the cryptography market, but tweeted on a crypto reserve, including Solana, Ripple and Cardano.

A reserve of the USPTO will evolve this critical industry after years of attacks corrupt by the Biden administration, which is my executive decree on digital assets has led the pressing working group to move forward on a cryptographic strategic reserve which includes XRP, Sol and ADA. I will make sure that use is the crypto capite of the world. We make America great again!

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Shortly after, he added Ethereum and Bitcoin to the list. Throughout the week, everyone was looking for clarity, but the White House later said that he had just appointed the five largest volume cryptos and that a plan was in preparation. This led to a week of announcements that led to a long -term plan to hold cryptos that have already been seized by the godfather to sell them.

Trump late Friday signed the decree and it was a “Sell-the Fact” commercial well, Bitcoin downloads $ 3000 in a row and the size of new stockings at the moment.

Order kept the pose

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The American trade and treasury secretaries “are self -cormes to develop non -budgetary strategies to acquire additional bitcoin, provided that these strategies impose no progressive progression costs on American taxpayers,” said information sheet on the White House website.

Bitcoin in the past two weeks

At the same time, Cardano made almost all of his post-tweet earnings and has just fallen below the catch-up on March 4. Solana has been at the lowest since the end of February and XRP is below pre-tet levels. Ethereum had made the pump gains to Trump the next day

The lesson here: the government is Exit Liquidity not Entrance Liquidity.

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