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PDAXScope: U.S. President Trump signs EO for Bitcoin reserve

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PDAX

March 07, 2025

3 min read

PDAX

Trump signs order to establish strategic bitcoin reserve (Reuters)

U.S. President Donald Trump has signed an executive order to create a strategic Bitcoin reserve using seized assets as reported by Reuters. It will include Bitcoin, Ether, XRP, Solana, and Cardano, aiming to boost the U.S.'s role in crypto. The U.S. government will retain approximately 200,000 Bitcoin confiscated in various criminal and civil proceedings, establishing a “digital Fort Knox” and will not be sold.

Bitcoin plunges 6% as Trump’s crypto reserve falls short of hopes (Cointelegraph)

Bitcoin's price dropped approximately 6% – falling from $90,400 to $84,979 – after U.S. President Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve. The reserve will utilize Bitcoin already in government possession from criminal cases, with no immediate plans to purchase additional Bitcoin.

Ethereum most 'undervalued' in 17-months — Can ETH return to $4K? (Cointelegraph)

Ethereum is currently at its most undervalued level in 17 months, according to its MVRV Z-Score, a metric that tracks market vs. realized value. In the past, similar lows have led to big price rebounds. Institutional and long-term investors have increased Ethereum holdings, with analysts considering the potential for a return to $4,000 in the coming months.

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