The flagship crypto experienced a significant drop after the official signing of the American presidential decree establishing a Bitcoin strategic reserve. If investors hoped for massive purchases from the government, reality has proven to be less ambitious, causing market correction.
The fall of Bitcoin following the announcement of the presidential decree
On the night of yesterday, on March 6, 2025, Donald Trump officially signed a decree establishing a Bitcoin strategic reserve in the United States, transforming the first crypto into state actors.
This initiative, inspired by the Fort Knox model for gold, constitutes a historic turning point in the institutional adoption of digital assets. However, the details brought by David Sacks, crypto advisor to the White House, quickly showered the enthusiasm of the markets.
The disappointment comes mainly from the fact that this reserve will only be fueled by the 198,109 bitcoins already seized during legal proceedings, representing around $ 17 billion.
Unlike expectations, the American government will not buy additional bitcoins on the market, Sacks having specified that ” The government will not acquire additional assets for the stock beyond those obtained through confiscation procedures ».
In response to this news, the Bitcoin fell About 6%, from $ 90,400 to 84,979, before stabilizing slightly at $ 86,460. The other major cryptos also suffered, with 4% drops for Ether, 7% for XRP, 5.14% for Solana and 9.19% for Cardano within the hour of the announcement.
Contrasting reactions despite the initial disappointment
Despite this market correction, many experts in the sector see this initiative an extremely positive long -term signal. “” Who devilish sells the news of a Bitcoin strategic reserve in the United States? Asked Avichal, CEO of Electric Capital, surprised by the negative reaction of the market.
Others, like Dennis Porter du Satoshi Action Fund, stressed that the strategic reserve could possibly integrate “additional bitcoin acquisitions”, suggesting that more ambitious measures could follow this first step. Some analysts consider that this formalization of Bitcoin as a strategic active in the first world power could encourage other countries to follow the movement.
The decree also provides for the creation of a stock of digital assets for other entered cryptos, marking a radical change in American policy. Previously, these assets were systematically sold at auction, while they will now be kept as a reserve of value, like national gold reserves.
This initiative, although in the event of short -term expectations, nevertheless marks a decisive turning point in the history of Bitcoin. By officially recognizing the strategic value of the queen of cryptos, the United States sets the foundations of a new era of institutional adoption which could ultimately propel bitcoin to new heights.
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