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Maroc Maroc - THECEKODOK.COM - A La Une - Aujourd'hui 01:08

Cryptocurrency Prices Drop After US Establishes National Strategic Crypto Reserve

The value of the world's major cryptocurrencies fell sharply after President Trump signed an Executive Order establishing a US strategic crypto reserve. The reserve will collect all cryptocurrencies and digital assets seized from criminal activities committed in the country.Previously, the United States auctioned crypto and digital assets such as NFTs owned by criminals after court cases were completed. Previously, when news of the strategic reserve to be established by the United States began to circulate, the value of crypto increased.This time the value of crypto fell because the prediction that the United States would buy crypto to dump into the national reserve was far from correct. At the time of writing, the value of Bitcoin was around $87.77 thousand compared to $90.4 thousand before the announcement.

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