#BitcoinPolicyShift #BitcoinPolicyShift

Bitcoin fell on Friday after a newly formed crypto reserve by US President Donald Trump did not require the government to purchase digital assets, meaning there was little actual impact on the market from the strategic stockpile plan.

Bitcoin dropped as much as 6% to $84,864.3 following the announcement of the reserve.

White House crypto chief David Sacks said on Thursday night that Trump had signed an executive order to form a strategic Bitcoin reserve, as well as a broader digital asset reserve.