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Sujit Kumar
Mar 10, 2025
by Sujit Kumar

Trump’s Bitcoin Reserve Plan Sparks Debate as Reserves Plummet

Trump’s Bitcoin Reserve Plan

Table of contents

  1. Market Outlook
On March 6, President Donald Trump signed an executive order to establish a strategic reserve of digital assets. Rather than buying new Bitcoin, the order leverages tokens already in government possession, "falling short of market expectations for fresh purchases." At an exclusive White House crypto summit, Trump outlined his vision for a government-backed crypto stockpile, signaling a major shift in regulatory thinking.

Growing Speculation on Reserve Composition

Market sentiment around the reserve is intensifying. According to Polymarket data, the likelihood of establishing a Bitcoin reserve has increased from 24% to 32%. This news has sparked debate in states like Utah, Arizona, and Ohio, while others such as South Dakota and Montana remain skeptical of such initiatives. The evolving discussion highlights the potential long-term impact on Bitcoin (BTC) and the broader digital asset market.

Exchange Reserves and Investor Behavior

Amid the regulatory developments, exchange reserves are falling sharply. Data from Moon Whales and CryptoQuant shows a significant decline as investors shift their holdings to private wallets for long-term storage, signaling a possible supply squeeze. A reduction in exchange reserves often suggests bullish sentiment, as decreased supply combined with rising demand could push prices higher, albeit with increased volatility due to thinner liquidity.

Market Outlook

Despite these optimistic signals, Bitcoin’s price remains under pressure, trading at around $84,557.57—a 1.89% drop in the past 24 hours per CoinMarketCap. With the upcoming White House Crypto Summit and growing institutional interest, traders are watching closely to see if broader adoption can stabilize the market and counterbalance the current downward momentum.

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Trump’s Bitcoin Reserve Plan
Trump’s Bitcoin Reserve Plan Sparks Debate as Reserves Plummet
Sujit Kumar
Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

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