President Trump just made a big move in the world of cryptocurrency! He signed a document, called an executive order, to create a special government collection of cryptocurrencies, like a digital treasure chest. This is a big deal because it shows the US government is taking crypto seriously.
- The government will use crypto it already owns, mostly Bitcoin.
- This Bitcoin is worth about $17 billion, from money seized in legal cases.
- Some people think this is great for Bitcoin’s price, others are worried.
- Bitcoin’s price went down a little at first, but then went back up.
| Fact | Details |
|---|---|
| Bitcoin's initial drop | 5.7% |
| Bitcoin's value (approx.) | $89,410 |
| Government's Bitcoin reserve (approx.) | $17 billion |
