Bitcoin price dropped after Trump signed executive order on crypto and national digital asset stockpile

From Cointelegraph

January 23, 2025 5:02:56 pm:

Bitcoin price drops as President Trump signs an executive order to establish a team to explore and develop a “national digital asset stockpile.”

The move leads to a decrease in Bitcoin value due to uncertainty and potential government involvement in the digital asset market.

Investors express concerns over the impact of government intervention on the decentralized nature of cryptocurrencies like Bitcoin.

Read more at Cointelegraph: Bitcoin drops after Trump signs executive order on crypto and ‘national digital asset stockpile’